I just looked at the charts — gold futures broke the $4,800 per ounce mark. This is a serious increase, considering that at the end of March they were $720 lower. Such a jump in a month is no joke.

Gold clearly performs well when there is uncertainty around. Traders seek refuge, and gold futures become one of the main tools for that. I see capital flowing into precious metals — a classic pattern when the market is nervous.

I wonder if this growth will continue or if we will see a pullback. But for now, gold futures staying above 4800 is a clear signal that demand for safe assets remains high. We’ll keep an eye on how the situation develops.