Gold prices stabilized around 2,940 USD per troy ounce on Tuesday, maintaining proximity to record highs. The ongoing demand for safe-haven assets significantly influences this gold price activity. Current market conditions reflect rising concerns regarding US President Donald Trump’s tariff policies and their implications on the economy. Investors are turning to gold, increasing its appeal and strengthening its position as a reliable asset during uncertain times. As economic factors unfold, gold remains a focal point for investors looking for stability and security in their portfolios.