Current COMEX gold futures show strong support above $2,320, with options traders increasing long positions. Gold investing sentiment indexes have hit six-month highs, signaling growing risk-off behavior in the broader financial markets. Gold has the advantage of having been around for thousands of years, making it the most trusted and established store of value in the eyes of massive pools of capital. But that might be where its advantages end. The Swiss are suffering under one of the highest Trump tariff rates globally. In effect since August 7, 2025, US officials say the 39 percent tariff on Swiss imports is necessary to address an estimated US$48 billion trade deficit . Commodity strategists highlight that copper’s rally is not undermining gold’s appeal, as the latter’s demand is being driven by monetary factors and risk hedging. Gold investing continues to diversify institutional portfolios.
