Gold Prices Soar to Record Highs Amid US Policy Uncertainty, Geopolitical Tensions

• Gold prices surged to fresh records, climbing above $5,100 an ounce, driven by global uncertainty stemming from US President Donald Trump's policies, tariff threats, and potential government shutdown.
• Silver prices also reached record territory, reflecting a broader investor shift towards hard assets amidst economic anxieties.
• The dollar weakened due to speculation of US-Japanese central bank coordination to support the yen and limited visibility on the US economy and inflation.
• Wall Street stocks, including Apple, Microsoft, and Facebook, saw gains ahead of their earnings reports, with investors shrugging off domestic political turmoil.
• The US Federal Reserve is expected to maintain interest rates despite presidential pressure, upholding its independence, a key factor for US asset stability.

Why It Matters: Gold and silver hit record highs as investors seek safe havens amidst US policy uncertainty and global tensions.