Gold has surged past the $5,000 mark for the first time, reaching record highs as global tensions and uncertainties escalate. The precious metal hit $5,100 an ounce, attracting significant investor interest in search of safe-haven assets. The price rise has resulted in a rally for gold mining stocks such as Newmont and Freeport-McMoRan. Analysts are predicting that gold could reach unprecedented levels, with some suggesting a potential $10,000 per ounce by 2029. This surge in gold prices comes as the U.S. dollar sinks to a four-month low, exacerbated by geopolitical factors and fears surrounding global stability.