Gold Breaks $3,038: Market Reacts to Geopolitical Risks and Trump’s Influence
Gold surged past $3,038 per ounce on March 18, 2025, driven by geopolitical tensions and shifting economic policies. Rising conflicts in the Middle East, U.S.-Iran strains, and Trump’s aggressive trade stance fueled the rally.
Over the past six months, gold has climbed 18.32%, with futures hitting $3,047. Meanwhile, the U.S. dollar, initially strengthened by Trump’s policies, has weakened due to trade uncertainties, sparking debates on its global dominance. Despite this, investors continue pouring capital into U.S. Treasuries and bonds as safe-haven assets amid market volatility.
Clever Robot News Desk 19th March 2025
