Gold Prices Hover Near $3,000 as Tariff War Fuels Economic Uncertainty

Gold prices remained just below the $3,000-per-ounce mark on Monday after briefly surpassing the milestone in the previous session. The surge comes as escalating U.S.-driven tariff disputes heighten economic uncertainty, adding to global geopolitical tensions.

Investors continue to flock to gold as a safe-haven asset amid fears that trade conflicts and slowing economic growth could further destabilize markets. Analysts suggest that if tensions persist, gold could break new record highs in the coming weeks.

With markets on edge, all eyes are on upcoming economic data and potential policy responses from central banks as they navigate an increasingly volatile global landscape.