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Gold hits record-high

Posted

April 11, 2025

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Gold 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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Gold hits record-high · Reuters · Sentinel