Gold Prices Surge Amid Geopolitical and Economic Uncertainty

Investors flock to gold as tensions in the Middle East and U.S. election concerns drive demand for safe-haven assets.

Gold has reached record highs, climbing over 32% this year, fueled by geopolitical tensions and U.S. election uncertainties.
Central banks have continued to purchase gold, although the pace has slowed, supporting the metal's upward trend.
Analysts predict further price increases, with some forecasting gold could reach $3,000 per ounce in the coming months.
Financial advisors urge caution, recommending gold comprise no more than 10% of investment portfolios due to potential volatility and tax implications.
Silver has also seen significant gains, hitting its highest level since 2012, as it follows gold's upward trajectory.