Gold's recent rise reflects growing economic uncertainty and geopolitical tensions, solidifying its status as a safe haven amid escalating conflicts in Ukraine and the Middle East.
The U.S. allowing Ukraine to target Russian positions with advanced missile systems may increase tensions, raising concerns about miscalculations leading to further escalation of the conflict.
Investor anxiety over escalating hostilities in the Middle East, especially regarding Iran and Israel, highlights fears of disrupted oil supplies and global trade.
Despite claims of a quick end to wars, skepticism surrounds Trump's approach, particularly in light of ongoing conflicts that complicate the geopolitical landscape.
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