{"id":113913,"date":"2025-04-22T10:55:00","date_gmt":"2025-04-22T06:55:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=113913"},"modified":"2025-04-22T11:03:14","modified_gmt":"2025-04-22T07:03:14","slug":"gold-prices-hit-fresh-record-high-amid-fed-shakeup-fears-and-u-s-china-trade-tensions","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-prices-hit-fresh-record-high-amid-fed-shakeup-fears-and-u-s-china-trade-tensions\/04\/22\/market-updates\/","title":{"rendered":"Gold Prices Hit Fresh Record High Amid Fed Shakeup Fears and U.S.-China Trade Tensions"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Gold soared to another all-time high in early Asian trading on Tuesday, as geopolitical anxiety and uncertainty over U.S. monetary policy drove investors toward safe-haven assets.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gold Extends Historic Rally<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot Gold<\/strong> surged <strong>1.7%<\/strong> to <strong>$3,482.76\/oz<\/strong><\/li>\n\n\n\n<li><strong>Gold Futures (June)<\/strong> climbed <strong>1.9%<\/strong> to <strong>$3,491.20\/oz<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This marks the <strong>third consecutive session<\/strong> of record-setting gains for the yellow metal, following a <strong>3% jump on Monday<\/strong>. The rally is underpinned by a combination of factors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Growing fears over the <strong>independence of the Federal Reserve<\/strong><\/li>\n\n\n\n<li>Deepening <strong>U.S.-China trade tensions<\/strong><\/li>\n\n\n\n<li>A <strong>slumping U.S. dollar<\/strong><\/li>\n\n\n\n<li><strong>Persistent inflation<\/strong> and strong <strong>central bank gold buying<\/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>Fed Uncertainty Fuels Dollar Weakness<\/strong><\/h3>\n\n\n\n<p>Investor jitters escalated after <strong>President Donald Trump<\/strong> signaled an intent to <strong>overhaul the Federal Reserve<\/strong>, with <strong>White House advisor Kevin Hassett<\/strong> confirming Trump is <strong>still studying the legal possibility of firing Fed Chair Jerome Powell<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe Fed needs to cut rates immediately or the U.S. economy will slow,\u201d Trump said on Monday.<\/p>\n<\/blockquote>\n\n\n\n<p>In contrast, <strong>Powell<\/strong> reiterated last week that <strong>no rate cuts were imminent<\/strong>, citing the inflationary impact of tariffs and elevated policy uncertainty.<\/p>\n\n\n\n<p>The <strong>U.S. dollar index<\/strong> remained near a <strong>three-year low<\/strong>, amplifying gold\u2019s appeal to non-dollar investors.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Trade Tensions: China Issues Stern Warning<\/strong><\/h3>\n\n\n\n<p>China stepped up its rhetoric, warning countries against forging <strong>pro-U.S. trade deals that could harm Beijing\u2019s interests<\/strong>, in what appears to be a broad response to Washington\u2019s recent <strong>145% tariffs on Chinese imports<\/strong>.<\/p>\n\n\n\n<p>The <strong>Ministry of Commerce<\/strong> accused the U.S. of using economic leverage to pressure allies into limiting trade with China, and vowed <strong>retaliatory measures<\/strong> if its concerns are ignored.<\/p>\n\n\n\n<p>This renewed confrontation is keeping markets on edge, further elevating gold\u2019s safe-haven appeal.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Other Precious Metals and Copper<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Silver Futures<\/strong> rose <strong>0.8%<\/strong> to <strong>$32.795\/oz<\/strong><\/li>\n\n\n\n<li><strong>Platinum Futures<\/strong> gained <strong>1%<\/strong> to <strong>$976.10\/oz<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Meanwhile, <strong>Copper<\/strong> extended gains, hitting a two-week high on the back of a weaker dollar:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>LME Copper<\/strong>: +1% to <strong>$9,311.60\/ton<\/strong><\/li>\n\n\n\n<li><strong>COMEX Copper (May)<\/strong>: +1.1% to <strong>$4.7713\/lb<\/strong><\/li>\n<\/ul>\n\n\n\n<p>However, investors remain wary due to the implications of tariffs on <strong>China, the world\u2019s largest copper consumer<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Outlook<\/strong><\/h3>\n\n\n\n<p>As long as political interference in the Fed, inflationary risk, and U.S.-China trade tensions dominate headlines, gold is likely to remain in demand. Analysts say a push toward <strong>$3,500\/oz and beyond<\/strong> cannot be ruled out unless the Fed offers firm clarity or a de-escalation in trade rhetoric materializes.<\/p>\n\n\n\n<p>Investors are closely watching for any new developments from both the White House and Beijing, as well as upcoming U.S. economic data that could influence the Fed\u2019s tone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold soared to another all-time high in early Asian trading on Tuesday, as geopolitical anxiety and uncertainty over U.S. monetary policy drove investors toward safe-haven assets. Gold Extends Historic Rally Spot Gold surged 1.7% to $3,482.76\/oz Gold Futures (June) climbed 1.9% to $3,491.20\/oz This marks the third consecutive session of record-setting gains for the yellow &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":[38,6827,49,36],"tags":[],"class_list":["post-113913","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113913","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=113913"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113913\/revisions"}],"predecessor-version":[{"id":113914,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113913\/revisions\/113914"}],"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=113913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}