Daijiworld Media Network- Mumbai

Mumbai, Apr 4: Gold prices have hit new highs as escalating trade tensions and uncertainty in the global trade order continue to grip markets. The latest surge comes amid the United States imposing reciprocal tariffs on various countries, triggering fears of a prolonged trade war.

Analysts suggest that the volatility in international markets and fears of economic slowdowns have driven investors towards safe-haven assets like gold. The metal has traditionally been viewed as a reliable investment during times of economic uncertainty and geopolitical tension.

Speaking to Daijiworld, a Mumbai-based bullion trader said, “The current geopolitical climate, especially the trade war rhetoric, is pushing gold prices to unprecedented levels. Investors are seeking stability, and gold is providing that.”

Financial experts also highlighted that with the US reciprocating tariffs, many countries are expected to respond with countermeasures, further aggravating the situation. This scenario is expected to keep gold prices buoyant in the coming weeks.

Market observers recommend cautious investment, advising investors to closely monitor developments in global trade policies before making decisions.