Gold: The best performing asset of the 21st century

From thearmchairtrader.com

Gold prices extended gains on Tuesday, breaking another record as investors rushed to the safe-haven asset ahead of US President Donald Trump’s tariff rollout. The move, set to take effect on Wednesday and applicable to all countries, has heightened fears of an escalating global trade war, with markets also eyeing automobile tariffs due April 3. The metal’s momentum reflects investor caution as concerns grow that widespread tariffs may weaken global growth. Gold remained supported by central bank purchases, ETF inflows, and expectations of American rate cuts. With these drivers still in place, the yellow metal is ... (full story)