Gold prices have surged to unprecedented levels, breaking past the $3,200 mark as investors flock to safe-haven assets amid heightened concerns over the ongoing U.S.-China trade war and the impact of Trump tariffs on the global economy. Analysts note that this rally comes as the U.S. dollar weakens, further boosting gold’s appeal. With recession anxiety gripping the markets, gold has not only hit record highs but has also driven significant gains in related mining stocks. As the situation evolves with tariff uncertainties, investors are closely watching the market for any further fluctuations.