Gold hits record high as investors seek safe haven
Gold has risen this year, hitting $5,184.43.
With the US dollar losing strength and trade uncertainty rising, more investors are turning to gold as a safe spot for their money.
Why is gold rising?
If you're watching your investments or just curious about global trends, gold's rise shows how people react when things feel shaky—especially with new tariffs and global tensions in play.
Big players like central banks (China included) have taken steps that could affect gold demand.
Meanwhile, silver is also climbing.
What next for gold?
It's a mix of factors: The dollar index has softened amid concerns about new US tariffs, and investors have sought safety in gold.
Ongoing Iran-US nuclear talks have investors hedging their bets too. Plus, gold ETFs have attracted inflows—a sign that even big funds want more security right now.
Some analysts say gold could rise further if these trends keep up.