Uncertainty because of Trump tariffs
Gold price is increasing to new record high
04/10/2025 – 9:53 p.m.Reading time: 1 min.
With his customs policy, US President Trump enables the markets worldwide. An investment product currently benefits from the concerns about the global economy.
The gold price rose to a record high on Thursday due to the continuing uncertainty due to the erratic policy of US President Donald Trump. The price for a troy ounce (about 31.1 grams) climbed to almost $ 3,176 in US trade and thus expanded the profits from the previous day.
The short weakness in the gold market has ended in the past few days. After the record high of almost $ 3,168 on the Stock Exchange in London, the record high reached a week ago, and the price dropped to almost $ 2,950.
In the middle of the week, the mood had turned again and gold was again asked as a safe haven due to the turbulence triggered by Trump on the financial markets.
