Gold Hits $5,000 for First Time — Three Risks Behind the Panic

Gold broke $5,100 an ounce for the first time as investors sought safety amid rising geopolitical tensions.

Trump threatened Canada with 100% tariffs over its China EV deal; PM Carney denied pursuing free trade.

Markets watch for potential yen intervention with the Fed reportedly contacting banks; US shutdown odds hit 78%.

Gold broke through $5,100 per ounce for the first time in history. Prices have climbed more than $750 in January alone.

Last week’s 8.5% gain marked the largest weekly increase ever in dollar terms. It was also the biggest percentage rise since the Covid pandemic panic in March 2020. Silver also topped $100 per ounce, up 44% this year.

The flight to safe havens comes as markets brace for a triple threat: US-Canada-China tariff escalation, potential yen intervention, and rising odds of a US government shutdown.#GOLD_UPDATE #Tariffs