Gold Hits Record $5,600 Following Trump Comments and Iran Tensions

Gold prices surged to a record high of nearly $5,600 per ounce following escalating tensions between USA and Iran and comments from Donald Trump regarding a weaker dollar.Silver also reached new heights above $120 as investors sought safe-haven assets during a period of geopolitical and economic uncertainty.Market analysts predict that sustained industrial demand and potential Federal Reserve interest rate cuts could push gold prices toward $7,000 by the end of the year.