Gold Holds Steady as Investors Await Trump’s Tarif…

From Financial Modeling Prep: 2025-04-02 09:16:00

Gold prices held firm after hitting an all-time high. Spot gold rose 0.3% to $3,119.26 per ounce, with futures at $3,155.80. Gold has seen consecutive record highs, reflecting economic and geopolitical uncertainties. Investors await President Trump’s tariff plans, which could impact economic growth and trade disputes, potentially leading to stagflation or recession. Key economic data like the ADP Employment Report and Non-Farm Payrolls will also influence market sentiment. Gold remains a safe haven amid these uncertainties, supported by a weak U.S. dollar.



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