• Gold futures opened at 3376.50 dollars per ounce, up 0.6 percent from Friday and marking the highest opening in nearly a month.
• The price has increased by 2.1 percent over the past week, but remains 0.9 percent lower than mid-June levels, reflecting a strong short-term rebound.
• New tariff announcements are driving the move. President Trump imposed 30 percent tariffs on imports from the European Union and Mexico, 35 percent on Canadian goods, and 50 percent on copper imports. The general tariff rate may also rise from 10 percent to between 15 and 20 percent.
• These developments triggered market uncertainty. As stock index futures declined, investors shifted toward safe-haven assets like gold. The S&P 500 futures fell by 0.4 percent.
• Safe-haven demand is strengthening. Gold is being used to hedge against inflation, market volatility, and global political risks.
• Central bank demand continues to rise, adding support to gold’s long-term outlook as governments diversify reserves.
• Goldman Sachs has forecast that gold may reach 3700 dollars per ounce by the end of 2025, citing global instability and rising demand as key drivers.

What’s Next?
• Gold’s price action this week is a clear reflection of deepening investor anxiety. In a world where trade policies can shift overnight and geopolitical stability feels increasingly fragile, gold once again proves its timeless role as a strategic hedge A decisive break above 3400 dollars could accelerate momentum toward the 3500 level.