Gold continues to set new records, recently breaking the $2,700 mark as a safe haven asset amid increasing geopolitical tensions and uncertainties surrounding elections. Analysts predict that the bullish phase for gold may lead to even higher peaks, with forecasts suggesting it could reach $3,000 in the near future. The surge reflects a combination of factors including a supply and demand imbalance, lower U.S. yields, and a growing attraction to gold as an alternative to U.S. dollars as investors seek stability. As silver also hits a 12-year high, the performance of precious metals is outperforming the stock market, signaling strong demand for safety in volatile times.