Investors flock to gold amid economic concerns over Trump's tariff war

Investors are pouring cash into gold funds due to economic concerns stemming from President Donald Trump's tariff war, leading to record highs for gold. The surge in gold purchases is driven by fears over the economy and stock markets, with a focus on safe haven assets like gold and U.S. Treasuries.

Challenges in China's Economy and Vietnam's Manufacturing Boom

China's economy is facing challenges with slumping demand, excess industrial capacity, heavy debt, and a tariff war with the United States. The Chinese government is trying to encourage business investment, but it's difficult in a communist state not always supportive of entrepreneurs. Vietnam is looking to benefit from China's economic uncertainty and is experiencing a manufacturing boom.