Gold prices continued their record series due to uncertainties in trade and geopolitical tensions. The price of an ounce of gold reached a peak of $3,039. Global trade uncertainties and increasing geopolitical tensions have contributed to the ongoing record series of gold prices. Starting the day with an increase, gold hit a record high at $3,039. Gold has gained over 15% in value since the beginning of the year. The price of a gram of gold reached 3,587 Turkish lira, while a quarter of gold rose to 5,857 lira. The Israeli army violated the ceasefire by launching attacks on different parts of the Gaza Strip. In the attacks, at least 7 people lost their lives yesterday, with many others injured. Ceasefire talks in the Russia-Ukraine war continued, with Putin agreeing to stop attacks on energy facilities in Ukraine. However, he rejected Trump’s proposal for a 30-day ceasefire. Moreover, the trade tensions have escalated with the additional mutual and sectoral tariffs, including the 25% tariff on steel and aluminum that the U.S. has imposed since February. Investors are now eagerly awaiting the interest rate decision of the Federal Reserve (Fed). The Fed’s interest rate decision will be announced tonight. Investors will be looking for clues regarding the Fed’s interest rate policy amidst Trump’s policies.