Trade War Bomb Threatens Gold Prices: Will Your Gold Soar or Plummet?

• Escalating trade tensions, particularly between the EU and US, are predicted to cause global economic upheaval.
• The EU's Anti-Coercion Instrument (ACI) allows member states to collectively retaliate against economic threats, potentially targeting the US.
• Trump's past threats and tariffs have pushed EU countries to consider severing ties with the US and forming new alliances, like with India.
• Economic uncertainty from trade wars is driving investors to gold as a safe haven, causing prices to surge; 24-carat gold is currently 1,65,170 rupees per 10 grams.
• Experts predict gold could reach 2 lakh rupees per 10 grams, followed by a sharp decline, prompting people to sell for profit.

Why It Matters: Global trade tensions could cause unprecedented gold price volatility, leading to both surges and sharp declines.