The gold rally remains intact as investors await Trump’s tariff announcement today. Gold has skyrocketed, up 20% year-to-date, as nervous investors raced to the safe-haven commodity ahead of pronouncements on retaliatory tariffs from the United States, which could exacerbate the global trade war.
Gold on beast mode as Liberation Day approaches
Gold has continued its terrific run, on beast mode, hitting $3177 (Rs 91400) to set another milestone, as uncertainty about tariffs that would drive inflation and deteriorate economic development boosted safe-haven demand and maintained gold on track for its best quarter since 1986.
Gold rebounds after headlines of global trade war
US President Donald Trump announced a 25% tariff on imported vehicles and light trucks beginning next week, escalating the global trade war.
Gold holds steady ahead of Trump’s reciprocal tariff threats
Gold prices remained stable as market investors squared their positions ahead of US President Donald Trump’s sweeping reciprocal tariff plans, which they fear will exacerbate inflation and stymie economic growth.
Trump Tariffs Summary and its Impact on Bullion Industry
The Trump administration’s tariffs have significantly impacted the global bullion industry, particularly regarding supply chains, pricing, and investor sentiment.
Is Gold heading for a correction?
Gold after achieving the $3000 (~Rs 88000) milestone and extending the rally $3065 (Rs 89800), Gold is feeling exhaustion now. It seems prices are topping out in the short-term, we could see profit-booking and price retracement at these levels.
Gold consolidating at highs, but looks vulnerable
If Gold Apr Futures fall below $3030 (~Rs 88200), we could see further retracement and profit booking in prices up to $2985 (~Rs 87000).
Sixteen record highs in gold so far in 2025
Gold reached an all-time high of $3065 (~Rs 89800) as the Federal Reserve hinted at two probable interest rate cuts this year. This bolstered the metal’s attractiveness despite continued geopolitical and economic difficulties, prompting gold to post 16 new highs in 2025, four exceeding the $3000 mark.
Gold continues its winning streak
Gold maintains its winning streak above $3025 (~Rs 88500) as Trump’s tariffs are projected to exacerbate inflation and economic turmoil.
Gold clears the $3000 milestone target of 2025; what next?
Gold cleared the $3000 (~Rs 88000) milestone target driven by risk aversion. Gold closed the year 2024 at $2640 (~Rs 77800), and the “Gold and Silver Outlook—2025” yearly report recommended buying gold on 1st Jan 2025 for the target of $3000 in 2025.