Gold Tops $3,100 as Economic and Political Risks Mount⏺ Gold has surged past $3,148 per ounce, reflecting growing economic uncertainty and geopolitical turmoil. Analysts attribute the rally to Trump’s tariff policies, the Ukraine conflict, and tensions in the Middle East.
📈 Market Trends:
Gold has risen 20% this year, following a three-year 50% increase.
Investors favor safe-haven assets, dumping stocks in favor of gold and government bonds.
Goldman Sachs expects gold to reach $3,300 by December.
⏺ Despite its appeal during crises, gold’s long-term returns remain lower than stocks.
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