Gold Prices Surge Amid Ongoing Concerns Over Tariffs
On Tuesday, gold prices reached 3,220 USD per troy ounce as uncertainty surrounding U.S. President Trump’s tariff policies fueled an increase in demand for safe-haven assets. Market participants are placing their bets, as these tariffs affect various sectors and lead investors to gravitate toward gold. This shift in investor sentiment highlights the significant role external factors play in the commodity market. As traders adapt to these evolving landscapes, understanding the implications of U.S. policies on gold’s value will be crucial for making informed decisions.