Analysis: Safe haven demand drives gold prices up, but risks of a strong US dollar still exist

BlockBeats News: On February 18th, gold futures prices rose due to the impact of safe haven demand. Tradu senior financial commentator Nicos Zaburas believes that gold has consolidated its position as the primary safe haven asset and become an attractive tool for hedging against inflation. Since the beginning of this year, the price of gold has risen by nearly 10%, thanks to President Trump's destructive tactics, radical rhetoric, and potential tariff measures, which could impact global trade and supply chains. In the uncertain era of 'Trump 2.0', gold naturally benefits from risk aversion and central bank purchases. However, if inflation rebounds, the Federal Reserve will adopt more cautious monetary policy easing measures, which may push up the US dollar and suppress gold demand. (Golden Ten)