Gold Prices Spiked to an All-Time High: How Trump's Return Rattled Global Markets

Gold prices rose to a near all-time high of $2,774.49 per ounce on Friday amid uncertainty over Donald Trump's second term as U.S. President. The precious metal has surged as investors seek safe-haven assets amid concerns over potential trade wars and economic volatility. Meanwhile, global stock markets have been experiencing turbulence, with the Dow Jones and S&P 500 showing mixed performance as traders digest Trump's initial policy moves. This response underscores that U.S. leadership has a strong impact on financial landscapes of the world.
Source: Reuters