Gold Price Hits Record High As Investors Seek Safety

WORLDWIDE- The price of gold has hit a record high – soaring past $3,500 an ounce. The surge comes as investors look for safe havens during global uncertainty.

Analysts say rising United States tariffs, expectations of lower interest rates and concerns over the independence of the U.S. Federal Reserve are fueling demand.

President Donald Trump’s repeated clashes with the fed are also being blamed for shaking markets.

Strong buying in China and India has kept gold prices climbing, with analysts warning that political and trade tensions worldwide continue to make the precious metal more attractive.