Gold’s relentless climb toward record highs is no mystery for Mr Market. In a world where financial markets are dictated as much by fear as by fundamentals, it only means investors are once again flocking to the ultimate safe haven.

So, the recent surge in gold prices past the $2,950 per ounce threshold early this week only reflects deepening concerns over global economic stability, largely driven by escalating trade tensions under Trump’s shock-and-awe tariff policies.

While safe-haven demand has always been a dominant driver of gold prices, the current rally has been fueled by a cocktail of trade war fears, inflationary uncertainty, and a market grappling with the Fed’s interest rate outlook.

The immediate catalyst for gold’s rise is Trump’s renewed tariff threats on Canadian and Mexican imports, a move that has rattled investors worldwide. With a March 4 deadline looming, Trump has reiterated his stance that these tariffs will proceed “on time and on schedule,” despite diplomatic efforts by both nations to address border security concerns and curb fentanyl shipments into the US.

The market reaction has been........

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