Gold Prices Soar to Record Highs Amid Trump’s Tariff Threats

Gold prices have surged to unprecedented levels, reaching a new record high on Monday, as investors flock to the safe-haven asset amid escalating tariff threats from former President Donald Trump. This surge comes as markets brace for potential economic turbulence resulting from Trump's proposed tariffs, which could reignite trade wars and contribute to global economic instability.

The price of gold, often seen as a hedge against inflation and economic uncertainty, has been bolstered by these developments. Analysts suggest that the fear of a looming recession and ongoing geopolitical tensions have further driven demand for gold, pushing its value to new peaks. The financial markets have reacted with increased volatility, reflecting the uncertainty surrounding Trump's economic policies and their potential impact on global trade.

Investors are closely monitoring the situation, as the threat of new tariffs could disrupt international trade and lead to higher inflation rates. The rise in gold prices is a clear indicator of the market's nervousness about the future economic landscape, with many turning to gold as a reliable store of value during these uncertain times.

• Donald Trump
• Gold
• Recession
• Tariffs

Detailed

Gold rises to another record as anxiety grips markets. Here’s what you need to know

5 days ago

- apnews

Gold at record high as markets brace for Trump tariffs – business live

5 days ago

- theguardian

Everyone Is a Gold Bug Now

7 days ago

- wsj

Why Goldman Sachs boosted its gold price forecast

1 week ago

- marketwatch

Gold Hits Record as Trump’s Trade Threats Fan Haven Demand

5 days ago

- bloomberg

Related issues news

Why is the gold price high?

Over the past year, a combination of factors — including persistent inflation concerns, geopolitical tensions and central bank policies — has helped drive demand for gold, pushing its price higher in tandem.

Will gold rates increase?

BofA expects gold to trade at $3,063/oz in 2025 and $3,350/oz in 2026 - an increase from its previous forecasts of $2,750/oz for 2025 and $2,625/oz for 2026.

Will gold prices come down?

Record-high gold prices could see a steep correction in the coming years, according to one analyst. There are long-term trends that could push bullion back to $1,820, Morningstar's Jon Mills says. That implies a 38% decline for the metal from current levels.

X talks about this news