From Financial Modeling Prep: 2025-04-23 02:34:00

Gold prices hit record highs due to safe-haven demand amidst Trump’s Fed criticism and U.S.-China tariff tensions. Spot gold rose 0.6% to $3,442.48/oz, with June futures up 0.9% at $3,455.90/oz. Year-to-date performance stands at +30%, making it the top commodity of 2025. Trump’s threats to Fed Chair Powell led to a flight to safe-haven assets. U.S.-China trade tensions escalate with tariffs at 145% and warnings from Beijing. Dollar weakness and falling inventories drive up gold prices, attracting ETF flows. For real-time gold pricing and data, use the Commodities API for comprehensive analysis.



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