Gold Surges Past $5,100 as Investors Seek Shelter From Global Risks

Gold’s rally reflects mounting flashpoints from Greenland and Venezuela to the Middle East, reinforcing its role as a hedge amid structurally higher geopolitical risk. Gold hit an all-time high of $5,100 per ounce in recent days, as investors sought a safe-haven asset and banks forecast a continued rise. Alongside the ascent of gold, silver and platinum also reached record levels. Silver hit $117 per ounce, from a previous high of $43 in 2011. The flight to precious metals emanates from market jitters over US President Donald Trump’s scattergun tariffs, most recently targeting American ally South Korea. The White House said…