Gold recently experienced a notable surge of nearly 2%, reaching a groundbreaking all-time high exceeding $4,900. This increase is indicative of a return to traditional safe-haven investments, with silver also rising to record values above $96. Over the past months, precious metals have consistently reached new highs, drawing in investors looking for stability in an uncertain market.
This rally occurs against a backdrop of geopolitical and economic turbulence. A brief dip was observed on Wednesday, following President Donald Trump’s announcement regarding a pause on proposed tariffs for NATO nations. Initially, this news seemed to diminish risk concerns and led to a temporary decline in both gold and silver prices. However, this drop was short-lived as investors quickly reassessed the situation and returned to conservative positions, leading to fresh record highs by Thursday afternoon.
Investors should note that this increased interest in gold and silver is part of a broader trend where these metals continue to attract capital amidst ongoing economic uncertainty. Even with temporary relief from tariff fears, many investors are hesitant to shift away from these safe-haven assets.
In contrast, Bitcoin has not followed the same upward trajectory. It remains stagnant near the $90,000 mark, having dipped below this level earlier in the week. While there was a brief recovery towards $95,000 last week, it was unable to reclaim this critical resistance level, which diminishes its appeal as a defensive investment compared to gold.
Meanwhile, risk assets responded positively to the tariff halt. U.S. equities, including the S&P 500 and Nasdaq, advanced by nearly 1%, as investors opted to shift back into stocks, encouraged by the easing of trade tensions.