Gold Price Rises Sharply with Futures at $5,153.90 Per Ounce

The Gold Price jumped sharply this week as futures climbed to around $5,153.90 per ounce, marking a multi-week high for the precious metal. This surge reflects rising uncertainty in global markets as investors seek refuge from riskier assets. Economic data, geopolitical tensions, and policy headlines have all contributed to a renewed appetite for gold. Today’s move underscores gold’s role as a defensive asset when confidence in equities and currencies wavers.