Three reasons for the record rise in gold prices, and one why they are falling10 hours agoShareSaveFaarea MasudBusiness reporterShareSaveGetty ImagesGold prices have reached record highs recently, with investors piling money into the safe haven asset amid rising global political uncertainty.The metal surged past the 5,000 (3,646) per ounce mark for the first time on Monday and briefly hit 5,500. Silver and platinum prices also saw similar rises.All have since fallen sharply after signs of political stability in the US, though they remain much higher than this time last year.Trump uncertainty shifting investmentGlobal trade has been upset by tariffs introduced by US President Donald Trump on countries who wish to trade with the US but whom he sees as unfavourable.His trade policies continue to worry investors, helping to drive the gold rally, says Emma Wall, chief investment strategist at Hargreaves Lansdown.In January, gold and silver prices hit record highs, but share prices fell as investors reacted to Trump's threat of fresh tariffs on eight European countries opposed to his proposed takeover of Greenland.Hamad Hussain, an economist at Capital Economics, said the perception gold is a safe investment, in contrast with the risks associated with US foreign and fiscal policies under Trump, has put the precious metal "in the spotlight".War and Greenland threats add to uncertaintyWars in Ukraine and Gaza have added to a climate of general political uncertainty. The US seizure of
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