US-China tariff war fuels investor flight to safe-haven assets as gold breaches $3,200, with analysts predicting further highs in 2024 and beyond. Gold Prices Surge as Safe-Haven Demand Grows Gold prices hit historic highs on Friday, soaring past $3,200 an ounce for the first time amid escalating US-China trade tensions. As global investors scramble for stability, the yellow metal has gained over 22% so far this year, signaling a dramatic shift in market sentiment toward safe-haven assets. Spot gold rose by 1.4% to $3,217.15 an ounce at 12:11 GMT, after touching a record $3,237.56 earlier in the session. U.S. gold … Continue reading Gold Prices Soar to Record Highs Amid Trade Tensions, Forecasts Climb to $3,500