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News in English (USA) / 01.04.2025 / 22:00

Gold Prices Surge Amid Trade War Fears

In a climate of escalating trade tensions and uncertainty surrounding tariffs introduced by President Trump, gold has reached unprecedented heights. Investors are flocking to gold funds as safe-haven demand peaks, driving prices past $3,100 and even nearing $3,300 according to recent forecasts from financial analysts. The surge reflects fears of a possible credit event and growing stagflationary risks, with predictions suggesting that gold could continue this upward trajectory into the future. As anxiety grips the markets, gold remains the most sought-after asset, with many questioning whether these record highs will hold or if a pullback is imminent.
Financial Times, Yahoo Finance, TradingView, WSJ, CNBC, Investopedia, Yahoo, KITCO, Reason Magazine, MarketWatch