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Cryptocurrency News Articles

Gold Keeps Climbing, Reaches ATH Amid Tariff Turmoil

Apr 18, 2025 at 01:30 am

Gold, an asset considered a safe haven in economic uncertainty periods, has done it again. The precious metal scored a fresh all-time high (ATH), with its futures contract prices reaching $3,350 this Wednesday.

Gold Keeps Climbing, Reaches ATH Amid Tariff Turmoil

Gold futures prices touched a new high of over $3,350 on Wednesday as the Trump administration's tariff uncertainty drove investors to seek refuge in the precious metal, which is also benefiting from persistent capital inflows into gold exchange-traded funds.

Gold, an asset considered a safe haven in economic uncertainty periods, has done it again. The precious metal scored a fresh all-time high (ATH), with its futures contract prices reaching $3,350 this Wednesday.

The gold rise transpires during a dollar decline as the Trump administration’s tariff uncertainty after the U.S. government enacted reciprocal tariffs and paused them for 90 days to

The gold futures prices touched a new high of over $3,350 on Wednesday as the Trump administration’s tariff uncertainty drove investors to seek refuge in the precious metal, which is also benefiting from persistent capital inflows into gold exchange-traded funds.

Gold, an asset considered a safe haven in economic uncertainty periods, has done it again. The precious metal scored a fresh all-time high (ATH), with its futures contract prices reaching $3,350 this Wednesday.

The gold rise transpires during a dollar decline as the Trump administration’s tariff uncertainty after the U.S. government enacted reciprocal tariffs and paused them for 90 days to register a trade deal drove a to-go asset, with investors piling in and registering relevant inflows in gold exchange-traded funds (ETFs).

The fears of an impending full-blown trade war may also be benefitting gold’s performance, as there is no indication of a resolution between China and the U.S., both of which have established crippling tax rates on imports.

This stellar rally might continue as demand continues to rise from these sources.

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Other articles published on Apr 19, 2025