Gold Rises Above $5,000/oz for First Time Amid Geopolitical Tensions

Core Viewpoint - Gold has surpassed the psychological threshold of $5,000 per ounce for the first time, driven by escalating geopolitical tensions [1] Group 1 - The rise in gold prices is attributed to increasing global uncertainties and geopolitical conflicts [1] - This milestone reflects a significant shift in investor sentiment towards safe-haven assets amid market volatility [1] - The movement above $5,000/oz indicates a potential long-term trend in gold prices as investors seek stability [1]