Gold has reached historic prices of 3,000 dollars per ounce due to uncertainties following Trump’s presidency, economic wars against allies, and ongoing geopolitical conflicts, prompting investors to seek gold as a safe haven.
Gold prices have achieved historic levels, soaring to 3,000 dollars per ounce, as reported by Engineer Mohannad Abbas Haddadin, General Manager of Jobkins Center for Strategic Studies and a notable expert in strategic and economic analysis. This unprecedented surge in gold prices is attributed to the uncertainty stemming from former President Trump’s administration, which has disrupted established economic and military commitments following World War II.
In conclusion, the current historical rise in gold prices to 3,000 dollars per ounce reflects the significant economic and political uncertainties. With ongoing conflicts and a lack of clear solutions in the Middle East and Ukraine, combined with a potential escalation of tensions, investors are increasingly turning to gold as a stable alternative. The continued pressures on global economies suggest that gold prices may continue to rise in the near future.
Original Source: www.jordannews.jo
