Gold price dropped 3.58% from last week's all-time highs due to global tariffs.

From Yahoo Finance: 2025-04-07 10:20:00

Gold opened at $3,055.10 on Monday, dropping 3.58% from last week’s all-time highs due to global tariffs announced by U.S. President Trump. The spot price fell to $3,012 on Friday, down 3.17% from the opening price of $3,110.15. Last week, the S&P 500 fell 9.1%, triggering a 2.55% drop in gold prices. Today, gold opened at $3,055.10, up 1.43% from Friday’s close. The opening price today was 5.05% higher than one month ago and 31.37% higher than a year ago. Investors turn to gold as a safe-haven asset in times of economic uncertainty.



Read more at Yahoo Finance: Gold price today, Monday, April 7, 2025: Down from all-time highs