Chris Weston, head of research at Pepperstone, said gold is increasingly a “hedge against Trump” and his “absolute unpredictability.”

Chris Weston, head of research at Pepperstone, said gold is increasingly a “hedge against Trump” and his “absolute unpredictability.”

Gold is seen as a so-called "safe-haven" asset that investors buy in times of uncertainty and low interest rates.

The surge comes as recent flashpoints from Greenland and Venezuela to the Middle East underscore higher geopolitical risk, while fiscal concerns also loom large.

Rising fears that another US shutdown looms pushes gold price to new height amid nearly 90% rise since Trump’s inauguration

Both precious metals hit all-time highs as investors pile into safe-haven assets amid Donald Trump’s threat of 100% tariffs on Canada and shutdown fears

Spot gold price touches an all-time high of $5,110.50 for an ounce in the first hours of the day.

The price of precious metals have continued a historic rally amid a weakening dollar and global uncertainty, like President Donald Trump’s push to acquire Greenland and tariff…