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News in English (USA) / 22.04.2025 / 20:00

Gold Hits Record High as Investors Flee to Safety Amid Trade War Concerns

In recent trading sessions, gold has surged to unprecedented levels, hitting $3,500 per ounce amid escalating tensions related to U.S. tariffs and the ongoing conflict between President Trump and the Federal Reserve. Investor sentiment is shifting dramatically away from the U.S. dollar as concerns over inflation and geopolitical risks intensify. Analysts predict that the climb could continue, with some speculating that gold prices could reach as high as $4,000 in the near future. Meanwhile, Bitcoin has also seen significant gains, topping $90,000 as investors diversify their portfolios in response to market volatility. As the Fed faces criticism from Trump, the precious metal is sought after as a safe haven, signaling a potential shift in market dynamics.
CNN, The New York Times, New York Post, WSJ, Reuters, Times of India, BNN Bloomberg, The Economic Times, TradingView, CNBC