#GOLD has reached a new record high of $3357.40 per Troy ounce driven by concern over President Donald Trump's tariffs and potential economic slowdown . Analysis predicts the gold prices could reach $3700 in the near term and possibly touch $4500 if trade tensions escalate further.

Key Levels to watch:

resistance: 3358 (recent high)

support: 3245.28 (previously high)

Note: Gold's appeal as a safe-haven asset continues amid market volatility.