Gold prices surged to an all-time high of $2,645 per ounce today, driven by heightened economic uncertainty and ongoing concerns over inflation. Investors are flocking to the precious metal as a safe haven, with geopolitical tensions and volatile global markets further bolstering demand.
This record-breaking price marks a significant milestone for gold, as it continues to gain momentum amid fears of a potential recession and currency devaluation. Analysts suggest that the rally may continue if economic conditions remain turbulent, making gold a key asset for risk-averse investors in the current climate.