GOLD HITS ALL TIME HIGH, WHY?

RFX Market Analysis
officialroyalfx

Gold prices surged to an all-time high due to investors seeking safe-haven assets amid the escalating trade war sparked by Trump's tariffs. The uncertainty surrounding the trade conflict drove investors to flock to gold, considered a reliable store of value during geopolitical turmoil. 

The tariffs imposed on US imports by China, and Trump's subsequent threats to impose tariffs on Mexican and Canadian imports, fueled concerns about the global economy and led to a surge in gold prices. Additionally, the low interest rate environment and central bank buying further supported the rise in gold prices. 

As the trade tensions escalated, gold delivered to COMEX-approved warehouses rose to the highest level since July 2022, and spot gold reached an all-time high of $2,800.99 per ounce. With the ongoing trade uncertainty, gold is likely to remain a popular safe-haven asset.

Copyright reserved to the author

Last updated: 03/14/2025 10:56

213 Upvotes
Comment
Add
Related questions
About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2025 Tradinglive Limited. All Rights Reserved.