Gold prices near record high as Trump plans tariffs, market uncertainty boosts demand

From Yahoo Finance: 2025-04-02 14:33:00

Gold prices are on the rise as President Trump prepares to implement new tariffs. The precious metal is nearing a record high, up 0.7% and $26 short of its peak. Uncertainty over tariff details has caused market volatility, with gold benefiting as a safe haven asset. Central bank buying and increased demand have boosted gold’s performance this year. Spot gold is currently trading at $3,119.89 per ounce, up 0.2%, with silver rising and palladium and platinum falling.



Read more at Yahoo Finance: Gold Climbs to Near Record Ahead of Trump’s Latest Tariff Reveal