Gold Breaks Historic Resistance Gold spot prices have surged to a new all-time high, breaking firmly above the **$4,800** mark. This valuation spike is driven by aggressive safe-haven accumulation and significant currency market shifts. --- **Geopolitical Drivers** Global risk sentiment has deteriorated following President Donald Trump's formal bid to acquire Greenland. The diplomatic maneuver has triggered immediate backlash, with key allies threatening retaliatory measures. This escalation in geopolitical tension has accelerated capital flows into defensive assets. **Currency Correlation** The US dollar is trading lower against major global peers, extending its recent bearish trend. The weakening currency has increased purchasing power for international buyers, further supporting the upward momentum in bullion markets.