Gold has reached unprecedented prices, surpassing $3,100 per ounce amid ongoing uncertain economic conditions and rising U.S. tariffs. Analysts cite factors such as geopolitical turmoil, concerns over trade wars, and an uptick in inflation measures as catalysts for this surge. Major financial institutions, including Goldman Sachs and Bank of America, have revised their forecasts, anticipating even higher prices, with some predicting levels of $3,400 to $3,500 in the coming years. The increasing demand for safe-haven assets like gold is reflected in significant inflows into gold ETFs and a bullish sentiment in the market. Meanwhile, concerns over potential crashes loom as some analysts warn of an impending decline following this historic rally.