Gold prices surged past the significant threshold of $3,100, setting a fresh all-time high on Monday amid ongoing trade tensions. This surge marks the third consecutive day of strong buying interest in gold, showcasing its status as a preferred asset during uncertain economic climates.

Concerns about potential tariffs from the US government are impacting global investor sentiment, leading many to turn to gold as a reliable investment. The upcoming announcements regarding trade policies will likely have further implications for gold pricing.

For traders and investors, understanding how these geopolitical factors influence market dynamics is crucial. Gold’s recent performance demonstrates its value as a hedge against volatility, making it a focal point for diversification strategies in investment portfolios.