Gold prices surged significantly on Monday, driven by renewed tariff concerns from the U.S. administration, pushing investors towards safe-haven assets in response to a volatile market environment. The increase reflects growing uncertainty due to President Trump’s trade announcements, leading central banks and financial institutions to seek more stable investments during this period of heightened risk aversion. 💰 📈 🌎 The surge is partly attributed to increased demand for gold from central banks who have been bolstering their reserves, as well as China launching a program allowing insurers to invest in the precious metal. Experts suggest that declining appetite for risk assets and escalating geopolitical tensions are key drivers behind this trend.