Gold prices (XAU/USD) soared at the beginning of the trading week, currently reaching around $3,120. This surge is attributed to a wave of last-minute investment as investors seek safe havens amidst rising uncertainty. President Donald Trump has confirmed that the reciprocal tariffs, set to take effect, will impact all nations.

Investors are flocking to gold, which serves as a traditional safe-haven asset during turbulent economic times. Analysts anticipate that this trend may continue as market volatility rises due to looming fiscal policies. The growing desire to secure investments underscores gold’s enduring appeal, especially as geopolitical tensions escalate.

The current market environment, fueled by tariff announcements, highlights the sensitivity of traders to global economic shifts. As investors remain on edge about potential trade conflicts, gold’s price trajectory remains a focal point of discussion among market analysts.