Reuters
@Reuters·4.2M subscribers·86.9K videos
Gold hits record-high
Posted
April 11, 2025
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April 11, 2025
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0:21Now PlayingGold prices breached $3,200 an ounce for the first time on April 11. Prices are up more than 22% so far this year.
UBS and Commerzbank raised their gold price forecasts on April 11, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by U.S. President Donald Trump's trade policies.
Trump's tariffs have roiled financial markets, stoking fears of inflation and a global recession. While he has paused most duties, he has hiked those on China to 145%, prompting Beijing to lift its tariffs on U.S. goods to 125%.
#gold #investment #trade #tariffs #stocks #market
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