#GoldPrices edged closer to $2,800 per ounce on Friday, hitting an all-time high as investors turned to safe-haven assets amid escalating trade tensions. US President Donald Trump’s renewed tariff threats fueled fears of a global #TradeWar and potential economic slowdown, boosting demand for gold. The metal’s rally was further supported by dovish signals from major central banks. The #ECB cut rates as expected, leaving room for further reductions, while the #BoC ended its quantitative tightening program. Earlier in the week, the #SwedishRiksbank delivered rate cuts, and both the #PBoC and #RBI signaled looser monetary policies and increased liquidity. In the US, rates remained steady, with expectations of two rate cuts this year. Gold is on track for its largest monthly gain since March 2024, reflecting its strength as a hedge against uncertainty. #GoldMarket #PreciousMetals #SafeHaven #CentralBanks #MonetaryPolicy #EconomicOutlook