Nigeria, April 12 -- Gold has soared to an all-time high of $3,200 per ounce, cementing its role as a go-to safe-haven asset amid rising economic and geopolitical uncertainty - especially as the U.S.-China trade war intensifies.

The surge represents over 20% growth since the start of the year, rewarding investors seeking shelter from market volatility and inflationary pressures.

This significant climb is largely driven by increased demand from central banks across the globe and a weakening U.S. dollar. With escalating tensions between Washington and Beijing continuing to rattle global markets, investors are flocking to assets with a reputation for stability-gold being chief among them.

Central Banks Fuel Gold's Momentum

One of the key...