Gold prices surged over $3,100 per ounce due to inflation concerns from US tariffs, best quarter...

Gold prices have surged to an all-time high, surpassing $3,100 per ounce. This remarkable escalation reflects a growing concern over potential inflation, largely driven by the recent implementation of US tariffs. As a result, gold's attractiveness as a safe-haven asset has significantly increased, marking its strongest quarterly performance in over three decades, since 1986. Investors and analysts alike are closely monitoring this trend, as gold's value often rises in times of economic uncertainty. Historical data indicates that during periods of inflation or geopolitical tension, gold typically becomes a preferred choice for preserving wealth.