$Gold Breaks Historic $5,000 Barrier: Safe-Haven Demand Explodes
In a move that has sent shockwaves through the global financial markets, Gold ($XAU) has officially shattered the psychological $5,000 per ounce level. This historic milestone comes after a period of intense trading that saw the precious metal reach a record high of $5,104 in January, before stabilizing near the $5,001 mark.
The primary drivers behind this unprecedented rally are a combination of escalating geopolitical uncertainty, persistent fears of inflation, and aggressive accumulation of gold by central banks worldwide. Additionally, strong inflows into Exchange-Traded Funds (ETFs) and a consistently weaker U.S. Dollar (USD) have provided a solid foundation for long-term bullish sentiment
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