Gold prices hit $3,000 for 1st time

Gold hits $3,000 for the first time on a safe-haven dash from Trump's trade war
Investors have been rushing to gold — a safe-haven asset — this year to hedge against risk from US President Donald Trump's trade war.
Gold prices hit $3,000 for the first time as investors push the panic button
Gold prices reached $3,000 an ounce for the first time in history Friday, boosted by demand for safe-haven assets as investors fret about President Donald Trump’s tariffs and geopolitics.
Gold Price Forecast: XAU/USD looks to take out $3,000 amid triangle breakout, trade war
The renewed demand from the US Dollar (USD) and the US Treasury bond yields also act as a headwind to the upbeat momentum in Gold price. The improvement in risk sentiment on an aversion to the US government shutdown and hopes of a US-Canada trade truce diminish the demand for the US government bonds, lifting the US Treasury bond yields and the USD.
Gold surges above $3,000 for the first time as investors seek a haven from Trump tariffs
Some 52% of global fund managers told Bank of America in a survey that they view gold as "the best hedge against a full-blown trade war."
Gold breaks $3,000 amid Donald Trump's trade wars
Gold is considered a safe investment because its value is not threatened by inflation. In recent weeks, its price has risen sharply. What is making investors so anxious that they are turning to gold?
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