Gold Prices Surge to Record Highs Amid Economic Uncertainty

The precious metal hits new peaks as a weakening dollar and inflationary pressures drive investor interest.

Gold has reached record highs, now priced at $2,775 per ounce, marking a 40% increase since March 2023.
A weaker US dollar and rising inflation are key factors fueling the demand for gold as a stable investment.
Silver sees mixed performance with profit-taking by investors, while palladium faces uncertainty due to geopolitical tensions involving Russia.
Experts recommend a diversified approach to precious metals investment, considering ETFs, futures, and physical holdings.
Central banks continue to accumulate gold, reinforcing its role as a global store of value amidst ongoing fiscal stimulus.