Gold prices rose sharply, breaking the level of $3200 per ounce, helped by the decline in the dollar and increased demand for protective assets. Investors seek to preserve capital against the background of general tension and instability in the currency markets. The growing interest in gold is also fueled by uncertainty in the sphere of international tariff policy, which increases the attractiveness of precious metals as a risk hedging instrument. Since the beginning of the year gold shows a strong upward trend, which is due to the interest of both institutional and retail investors.There are no grounds for selling in the current market. When buying it is necessary to take into account risks of possible corrective decrease.