Gold prices are surging due to market instability and geopolitical risks, expected to rise further

From Investing.com: 2025-04-01 04:27:00

Gold prices are projected to rise by over $1,000 this year due to strong safe-haven demand amidst concerns over potential tariffs. Gold has already surged by 18% since the beginning of the year and is expected to surpass $4,500 within the next 12 months under extreme market conditions. Meanwhile, the euro remains in a sideways mode as traders wait for clarity on US tariffs, while the British pound lacks data to establish a clear trend amid global economic uncertainty and potential impacts of trade tariffs. Traders are cautious and waiting for more data before opening trades.



Read more at Investing.com: Gold Prices Continue to Surge Amid Market Instability and Geopolitical Risks