Overview

• Gold prices have surpassed $3,500 per ounce for the first time, marking a new all-time high.
• The record price reflects heightened investor demand for safe-haven assets during ongoing global economic uncertainty.
• Emerging-market central banks have significantly increased gold purchases to diversify reserves away from the weakening U.S. dollar.
• U.S.-China trade tensions, including reciprocal tariffs and China's yuan devaluation, continue to fuel market volatility and inflation concerns.
• The U.S. dollar has reached its lowest level in three years, further contributing to gold's appeal as a secure investment.