Spot gold has surged to a new all time high of $4,700, extending its powerful rally as investors seek safety amid rising geopolitical tensions, economic uncertainty, and currency debasement concerns.
The move reflects strong demand for traditional safe haven assets as global markets navigate inflation risks, trade disruptions, and shifting monetary expectations. Central bank buying and reduced confidence in fiat stability have also supported gold’s momentum.
Analysts say gold’s breakout reinforces the broader hard asset narrative, with both physical and digital stores of value gaining attention as investors position for long term macro and geopolitical instability.
