Gold hits new record above $4,900 as safe haven trade resumes after tariff pause
Gold surged past $4,900 to a new record as investors resumed safe-haven buying following a brief pause in tariff threats.Summary
Gold climbed nearly 2% to an all-time high above $4,900 on Thursday afternoon, as investors quickly returned to traditional safe-haven assets despite President Donald Trump's temporary halt of proposed 10% tariffs on NATO nations. Silver also reached new record levels above $96, continuing a multi-month rally driven by ongoing geopolitical and policy uncertainty. This rebound contrasts sharply with Bitcoin, which lagged, remaining stuck near $90,000 and failing to reclaim key resistance levels, weakening its standing as a defensive asset compared to gold. Meanwhile, risk assets like US equities, including the S&P 500 and Nasdaq, advanced as investors welcomed the pause in trade escalation and shifted back into stocks.
(Source：Crypto Briefing)