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Gold smashes $4,500 record as global tensions shake up markets

Business

Gold just hit an all-time high of $4,511.83 per ounce—jumping 70% since early 2025.
The main reason? Rising geopolitical tensions have more people parking their money in "safe" assets like gold.

Why does this matter?

When the world feels uncertain, investors look for stability—and that's where gold and other metals come in.
Silver, platinum, and copper are also way up.
Even Indian gold prices soared in just two days.

What's behind the surge?

It's a mix of things: oil supply worries after a US blockade on Venezuelan tankers, strong US economic growth beating expectations, and fewer chances of quick interest rate cuts from the Fed.
All this has made commodities like gold even more attractive for anyone wanting to hedge against chaos.