Silver Hits $53 — Up 3.4% in 24 Hours 
Gold prices hit a historic high over $2,800, as investors sought safe-haven assets amid escalating trade tensions.
The precious metal gained over 6% this month, driven by President Trump’s renewed threats of 25% tariffs on Mexican and Canadian imports.
Market experts, including WisdomTree’s Nitesh Shah, suggest this rally could maintain momentum as long as trade policy uncertainty persists. Adding to gold’s appeal, central bank buying remains a strong structural force in the market, while mixed economic signals – including slowing GDP growth but increased consumer spending – continue to support precious metals.
With the Federal Reserve closely monitoring inflation and employment data, and Indian physical demand temporarily subdued due to high prices, analysts like ActivTrades’ Ricardo Evangelista suggest gold could potentially reach $3,000 if high inflation and sluggish growth conditions prevail.
