Precious metals just broke fresh records as geopolitical tensions around trade policy intensify. Gold's surge reflects a classic flight-to-safety pattern—when policy uncertainty rises, investors rotate out of risk assets and into traditionally safe havens. This dynamic carries real implications for crypto markets too. While digital assets often move inversely to safe-haven demand during high-risk periods, the underlying driver—macro instability and currency concerns—is exactly why many entered crypto in the first place. Watch how central bank responses and trade policy developments unfold; they'll shape whether this risk-off cycle extends into traditional markets or reverses course.