The recent surge in gold prices, reaching an intra-day high of 2942, correlates with increased concerns over global trade tensions. As central banks, including China, continue their gold purchases, market analysts from OCBC emphasize the significance of these developments. Gold is currently trading around 2892 levels, and its performance may reflect broader economic uncertainties. Investors should consider how continuing trade issues might further support gold prices. Monitoring these dynamics is essential for making informed trading decisions in the realm of precious metals.