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Insightschevron-rightchevron-rightBreaking Newschevron-rightGold Prices Surge Past $3,000 Amid Rising Trade Tensions

Gold Prices Surge Past $3,000 Amid Rising Trade Tensions

Gold hit a record high, surpassing $3,000 per ounce for the first time at $3,004.86, with prices up 14% since the beginning of 2025. This surge comes as investors look to the precious metal for safety amid growing economic uncertainty and escalating global trade disputes.

The rising trade war has led to new tariffs and retaliatory measures. For example, US President Trump threatened a 200% tariff on EU alcohol imports in response to a planned 50% tax on US whiskey, while tariffs on Chinese goods have also increased. These actions have fueled fears of higher inflation and rising costs for consumers.

Analysts say that in uncertain times, gold is a trusted store of value. Central banks have been buying large quantities of gold to diversify their reserves, further supporting the metal's price. With ongoing geopolitical tensions and tariff changes, the strong demand for gold is expected to continue.

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Dana Nemirovsky

JournalistBrand Vision

Dana Nemirovsky is a copywriter and journalist at Brand Vision Insights, with a bachelor's degree in Design and prior experience writing for a fashion magazine. She explores how culture shapes consumer behavior, highlighting shifts in marketing strategies and societal trends. With her storytelling approach, Dana offers a deeper look into how people and markets adapt to change.

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