Gold Prices Exceed $3,000 per Ounce Due to Global Economic Uncertainty
Investors are drawn to safe-haven assets as geopolitical tensions and trade policies create market fluctuations.
The cost of gold has exceeded $3,000 per troy ounce for the first time, now standing at $3,004, which indicates a 14% rise since the start of the year.
This increase is linked to growing global economic uncertainties, such as trade conflicts and geopolitical unrest.