Gold prices have reached a record high as investors seek safe-haven assets amid escalating trade tensions. The ongoing global economic uncertainty has fueled demand for gold, pushing prices to unprecedented levels. Trade War Concerns Drive Demand for Safe-Haven Assets Concerns over the intensifying trade war between major economies have heightened market volatility, prompting investors to turn to gold as a hedge against economic instability. The metal has historically been a preferred choice during financial turmoil, and the latest geopolitical tensions have reinforced this trend. Central Banks Increase Gold Reserves Several central banks have bolstered their gold reserves in response to…
Author: Adah Khosla
Adah Khosla
Adah Khosla, the admin of MediumBloggers, is passionate about creating a space where voices can be heard and stories shared. With a keen interest in technology, lifestyle, and business, he ensures the platform empowers writers to inspire and connect.