Gold Prices Reach Record High of $3,000 Per Ounce

Rising geopolitical tensions and U.S. trade policies drive unprecedented demand for gold as a safe-haven asset.

Gold prices surged to an all-time high of $3,001.20 per ounce on Friday, marking a significant milestone in global markets.
The escalation of the Ukraine conflict and lack of progress toward a ceasefire have increased demand for safe-haven investments like gold.
Recent threats of steep tariffs by U.S. President Donald Trump, including a proposed 200% tariff on European alcoholic beverages, have amplified market uncertainty.
Since January, gold has risen over 10% in value, fueled by fears of economic fallout from the U.S.'s aggressive trade policies and retaliatory measures by other nations.
Market analysts warn that continued tariff disputes could lead to further financial turbulence, reinforcing gold's appeal as a stable investment option.