Gold soars past $3,200 as trade war deepens, dollar loses ground By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2025
0mins
Source: Investing.com
Gold Prices Surge: Gold prices have surpassed $3,200 due to a weakening dollar and escalating U.S.-China trade tensions, with spot gold reaching a record high of $3,237.56 an ounce, reflecting over 6% growth this week.
Market Influences: Factors such as central bank buying, expectations for U.S. Federal Reserve rate cuts, and geopolitical instability are driving investors towards gold, although potential easing of trade tensions could limit further price increases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
