Gold continues to rise towards 5000!
The dispute over Greenland has escalated, coupled with US-EU tariff friction, igniting global risk aversion sentiment. International gold prices surged strongly on Thursday, hitting a new all-time high of $4940/oz, with a weekly increase of over $300, marking four consecutive record-breaking trading days.
Technically, after dipping to 4772 USD in the Asian session, gold prices stabilized. During the US session, they broke through the dual resistance levels of 4840 and 4888 USD, showcasing a strong rally. Trump's firm stance of "taxes if the island purchase
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