Gold Surges Past $4,550 per Ounce, Up 1.6% in 24 Hours

The move is less about the headline level than about what it signals: safe-haven demand is still the dominant bid in this market, and gold is absorbing it rather than rotating into risk assets. That matters most for portfolios treating gold as a hedge, since the same uncertainty driving this rally is what makes the metal's correlation to broader risk sentiment worth tracking. Whether this momentum persists or fades once the immediate uncertainty clears is the open question.