Middle East tensions, tariff jitters fuel gold’s record rally

By X-blogger - on March 19, 2025

Gold prices rose 1% to hit a fresh record high, anchored above the $3,000/oz mark, as rising Middle East tensions and trade uncertainties due to U.S. President Donald Trump’s tariff plans fueled demand for the safe-haven asset.

The Gold-Dollar pair exploded 1.1% in the last session. The Stochastic indicator is giving a positive signal.
Support: 2972.3 | Resistance: 3088.5

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