Gold Prices Surge Amidst Trade Tensions
Gold prices have surged, starting a fresh increase from the support zone at $3,120. Recent recession fears and trade war escalations have fueled a strong uptrend, pushing prices above the resistance level of $3,250. Market participants are closely monitoring these developments as geopolitical tensions could further influence gold prices. The allure of gold as a safe-haven asset continues to rise amid uncertainty, making it essential for traders to stay alert to market shifts and potential buying opportunities in this gold price rally.