In recent months, global gold prices have reached record highs. This is explained by the fact that traders are seeking safer investments amid uncertainty in the stock markets.
Precious metals are traditionally considered a reliable material asset in times of financial instability.
But is it really a safe haven?
The tariff war initiated by U.S. President Donald Trump has become one of the largest shocks in global trade policy in a century. In response, the price of gold reached a record level of over $3167 last week.
