Gold Surpasses $4,100: What’s Driving the Market Surge?

Gold prices have reached unprecedented heights, surpassing $4,100 per ounce for the first time. This surge is largely driven by escalating US-China trade tensions and expectations of interest rate cuts by the Federal Reserve, which enhance gold's appeal as a safe-haven asset.

Analysts are optimistic, predicting that gold could climb to $5,000 by 2026. Additionally, silver has also seen remarkable gains, hitting record highs due to a combination of market factors, including a short squeeze and increasing demand.

In Vietnam, gold prices have soared, reflecting global trends and rising demand for precious metals. The market dynamics suggest that while a short-term correction may occur, the overall trajectory for gold and silver remains upward.

As economic uncertainties grow, investors continue to flock to these commodities, reinforcing their status as reliable stores of value.