Gold Prices Slip After Hitting Record High Amid Tariff Relief
From Investing.com: 2025-04-15 03:29:00
Gold prices dipped 0.83% as investors took profit after reaching a record high. The exemption of some electronics from increased tariffs by the US administration gave hope for easing trade tensions with China. Goldman Sachs raised its year-end forecast for gold to $3,700, citing central bank demand and recession risks. XAU/USD rose, with a focus on tariff news and the US inflation report. Meanwhile, the euro lost 0.1% against the dollar, with resistance at 1.14200. Traders await the Canadian CPI report and rate decision, as USD/CAD remains relatively unchanged amidst growing recession risks.
Read more at Investing.com: Gold Prices Slip After Hitting Record High Amid Tariff Relief