Gold Price Surges Amid Tariff Fear, Set Above $3,125
Gold prices have soared to $3,149 as traders increase demand for safe-haven assets in anticipation of U.S. tariff decisions. The market sentiment suggests that uncertainties surrounding trade policies and Fed rate cut expectations are influencing the rising gold prices. Investors should watch for potential corrections but the current bullish setup for silver, with targets around $35, also indicates a strong safe-haven appeal amid ongoing financial tensions. Strategic positioning in gold and silver may benefit traders in light of these factors.