Gold prices soared to new highs as geopolitical tensions fueled a rush toward safe-haven assets. The yellow metal climbed above $2,000 per ounce, driven by heightened uncertainty in global markets as ongoing conflicts raised investor concerns. Analysts attribute the surge to risk-averse behavior among traders seeking stability in volatile times.
Rising demand for gold ETFs and physical bullion underscored its position as a preferred asset during crises. Market participants closely monitor central bank actions and inflationary pressures, which could further influence prices. While volatility persists, the precious metal’s upward trajectory reflects its enduring appeal during periods of uncertainty.
