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Reading: Gold price hits record high above $3,500 on rush to safety
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Home » Blog » Gold price hits record high above $3,500 on rush to safety
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Gold price hits record high above $3,500 on rush to safety

Henry Blake
Henry Blake
11 months ago
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Jewels with a visible price are shown in a ladies store in Dubai's Gold Souq, Dubai, United Arab Emirates, April 17, 2025.
Jewels with a visible price are shown in a ladies store in Dubai’s Gold Souq, Dubai, United Arab Emirates, April 17, 2025. AMR ALFIKY / Reuters

Gold reached $ 3,500 per ounce for the first time on Tuesday, April 22, since the rates of the president of the United States, Donald Trump, and Verbal, the Federal Reserve investors uploaded the safe refuge asset. The precious metal reached a historical maximum of $ 3,500.10 per ounce before going back to $ 3,467.87.

Gold has reached a series of maximum record in recent weeks, since investors seek refuge in a fabric dollar and after acute losses in stock markets.

Trump’s tariffs have caused a commercial war with China, the second largest economy in the world after the United States. Gold has increased more than 30% since the beginning of the year.

Trump on Monday Callell is a “great loser” for not reducing interest rates in a position on social networks, underlining questions about whether the president will seek to say goodbye to the Fed Chief after the threat such action last week.

I move with AFP

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