Gold Breaks Record High Amidst Geopolitical Tensions

Spot gold prices surged to a record high of $3,240 per ounce on April 11, as mounting geopolitical tensions and economic uncertainty drove investor demand for the precious metal. This surge follows escalating trade disputes between the U.S. and China, which are amplifying existing market volatility. Analysts believe this rise is a result of both fluctuating global economic conditions and heightened geopolitical risk. Gold’s appeal has also been fueled by the dollar’s depreciation and instability in the Middle East.