Gold Reaches New High Amid Market Uncertainty

Gold prices surged past $3,300 per ounce in April 2025, marking a record high fueled by global economic tensions and policy shifts. This surge is attributed to increased demand for the precious metal as investors seek safe havens amidst uncertainty surrounding U.S. tariffs and geopolitical risks. The impact of these factors on the gold market has been significant, driving central banks to ramp up their purchases. While this trend hasn’t yet significantly affected crypto markets, it highlights the ongoing shift towards a more stable financial environment.