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The Independent UK
The Independent UK
Graig Graziosi

Gold prices hit new high at $4,000 as investors turn to ‘safe haven’ amid fears of Trump policies and global conflicts

The price of gold has surged beyond $4,000 per ounce for the first time ever, thanks in part to uncertainty bred by President Donald Trump’s policies and recent global instability.

The move to gold has been led by money managers, investors, and central banks around the world, driving the metal's value up by more than 50 percent this year, The New York Times reports. In January, gold's price was around $2,670 per ounce.

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