{"id":113227,"date":"2025-04-01T12:10:06","date_gmt":"2025-04-01T08:10:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=113227"},"modified":"2025-04-01T12:10:12","modified_gmt":"2025-04-01T08:10:12","slug":"gold-hits-new-record-high-amid-market-uncertainty-over-u-s-tariffs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-hits-new-record-high-amid-market-uncertainty-over-u-s-tariffs\/04\/01\/market-updates\/","title":{"rendered":"Gold Hits New Record High Amid Market Uncertainty Over U.S. Tariffs"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p><strong>Gold prices surged to an all-time high<\/strong> in Asian trading on Tuesday, driven by <strong>rising safe-haven demand<\/strong> as investors braced for upcoming <strong>tariff announcements<\/strong> from U.S. President Donald Trump.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gold\u2019s Record-Breaking Rally<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot Gold<\/strong> rose <strong>0.7% to $3,148.10 per ounce<\/strong>, marking its highest level ever.<\/li>\n\n\n\n<li><strong>Gold Futures (June)<\/strong> gained <strong>0.3% to $3,158.10 an ounce<\/strong>.<\/li>\n\n\n\n<li>The yellow metal has now set <strong>record highs for four consecutive sessions<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Trump\u2019s Tariffs Fuel Gold\u2019s Safe-Haven Appeal<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>President Trump<\/strong> will announce new <strong>\u201creciprocal tariffs\u201d on April 2<\/strong> at <strong>15:00 ET (19:00 GMT)<\/strong>.<\/li>\n\n\n\n<li>These tariffs will <strong>target multiple trading partners<\/strong> without exemptions, increasing economic uncertainty.<\/li>\n\n\n\n<li><strong>Gold\u2019s traditional role as a hedge<\/strong> against geopolitical and economic instability has <strong>pushed prices higher<\/strong>.<\/li>\n\n\n\n<li>A <strong>weaker U.S. dollar<\/strong> has further supported gold prices.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Mixed Performance in Other Precious Metals<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Platinum Futures<\/strong> fell <strong>0.6% to $1,022.75 per ounce<\/strong>.<\/li>\n\n\n\n<li><strong>Silver Futures<\/strong> rose <strong>0.3% to $34.715 per ounce<\/strong>.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Copper Prices Rise on Strong Chinese Manufacturing Data<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Copper Futures (LME)<\/strong> climbed <strong>0.5% to $9,758.10 per ton<\/strong>.<\/li>\n\n\n\n<li><strong>Copper Futures (May)<\/strong> rose <strong>0.3% to $5.0665 per pound<\/strong>.<\/li>\n\n\n\n<li><strong>China\u2019s Caixin Manufacturing PMI<\/strong> hit <strong>51.2 in March<\/strong>, the highest level since December 2024, signaling strong industrial demand.<\/li>\n<\/ul>\n\n\n\n<p>Copper\u2019s gains reflect <strong>robust Chinese manufacturing activity<\/strong>, reinforcing expectations of <strong>higher industrial metal demand<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices surged to an all-time high in Asian trading on Tuesday, driven by rising safe-haven demand as investors braced for upcoming tariff announcements from U.S. President Donald Trump. Gold\u2019s Record-Breaking Rally Spot Gold rose 0.7% to $3,148.10 per ounce, marking its highest level ever. Gold Futures (June) gained 0.3% to $3,158.10 an ounce. The &hellip;<\/p>\n","protected":false},"author":9,"featured_media":110167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[7603],"class_list":["post-113227","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-gold-prices"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113227"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113227\/revisions"}],"predecessor-version":[{"id":113228,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113227\/revisions\/113228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/110167"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}