Gold hits record high of $3,200 amid U.S.-China trade war 

This remarkable surge reflects the increasing appetite for safe-haven assets in times of economic uncertainty, reinforcing gold’s status as a reliable hedge against inflation.

Since the beginning of the year, gold prices have risen over 20%, fueled by robust buying from foreign central banks.

The combination of a weakening dollar and escalating fears surrounding the trade war has further amplified demand for this precious metal.

Financial analyst Axel Adler Jr. predicts that gold prices could climb even higher if trade tensions continue to escalate.

While gold dominates headlines, Bitcoin—dubbed “digital gold“—has also shown remarkable growth.

Despite this recovery, Bitcoin remains below its all-time high of $109,000.

China, a major player in the ongoing trade war, has raised tariffs on U.S. goods to a record 125%, a move that indicates the seriousness of the economic standoff.

This prolonged dispute between the U.S. and China has heavily impacted key sectors such as agriculture, technology, and energy.

Economists caution that the latest tariff hike could disrupt global supply chains, elevate prices, and exacerbate inflationary pressures in both nations.

With gold at record highs and Bitcoin gaining traction, the world watches closely to see how this trade war will unfold—whether it leads to de-escalation or further deepens the divide between two of the world’s largest economic powerhouses.