Gold Price Hits Record High Amid Global Political Uncertainty

Global gold price has reached an all-time high due to growing political tension and economic uncertainty worldwide. Investors continue to move towards safe assets, pushing gold to historic levels.

On Wednesday, the gold price in the international market crossed $4,800 per ounce for the first time. This marked the highest level ever recorded. Strong demand for safe-haven investment and a weak US dollar supported this sharp rise.

Spot gold rose 1.2 percent to $4,821 per ounce. During the session, it also touched a record $4,843 per ounce. At the same time, US gold futures for February delivery increased 1 percent and traded at $4,813 per ounce.

Market experts said global uncertainty increased after strong statements from US President Donald Trump. He warned of possible tariffs on European countries. He also made firm remarks about controlling Greenland and criticized NATO allies. These statements weakened investor confidence and raised market anxiety.

Later, President Trump softened his tone. He said NATO partners would work together to find a solution acceptable to all sides. However, European leaders reacted strongly. French President Emmanuel Macron clearly stated that Europe would not bow to pressure or threats.

Analysts reported that investors are shifting money from the US dollar and long-term bonds into gold. The US dollar stayed near a three-week low against the euro and Swiss franc. Asian stock markets also fell for the third consecutive day.

Experts believe global uncertainty will continue to support demand for gold. If current trends persist, the gold price may remain strong in the coming months.