Monthly Archives: April 2025
Gold Soars to Record High as Trade War Fears Grow

Written on April 9, 2025 at 7:18 am, by
Market Summary Gold surged to a record high as investors sought safety amid escalating trade war tensions. Trump’s latest remarks about expanding tariffs to all countries fueled market uncertainty, prompting a flight to safe-haven assets. Meanwhile, the US dollar remained under pressure as traders weighed the potential economic fallout from retaliatory tariffs, with inflationary risksContinue Reading
Gold Hits Fresh High While Focus turns to PCE Today

Written on April 9, 2025 at 7:17 am, by
Market Summary Gold prices continued their bullish momentum, surging past $3,077.41 without significant retracement, marking a 7% gain in March. The rally underscores strong haven demand as geopolitical and economic uncertainties mount. The latest escalation in Ukraine, where Russian drone strikes targeted the country’s second and third-largest cities, has heightened risk aversion. Meanwhile, European alliesContinue Reading
Wall Street Closes Lower on 25% U.S. Auto Tariff

Written on April 9, 2025 at 7:15 am, by
Market Summary President Donald Trump has announced a 25% tariff on auto imports, a move aimed at boosting domestic manufacturing jobs but one that has rattled financial markets, raising fears of a broader trade war. The aggressive policy shift has fueled concerns over rising inflationary pressures, reinforcing expectations that the Federal Reserve may maintain aContinue Reading