Oil, dollar drop as gold hits record as tariff fears dampen sentiment

Oil, dollar drop as gold hits record as tariff fears dampen sentiment

Gold prices hit a fresh record on Monday while the dollar weakened further and oil prices dropped amid worries about Donald Trump's tariff blitz and his bubblin

Gold Hits ANOTHER All Time High, Now Over $3,400! * 100PercentFedUp.com * by Noah

This is not a drill. This is not a drill. It’s also not a repeat. Nope, it’s just another day and the price of Gold has hit yet another new all time high, today breaking over $3,400/oz for the first time ever in history: I’ve explained this before, but I’ll say it again here….the price of Gold is actually not changing. Did you know that? The only thing that’s happening is the value of the US Dollar is going down, so that means priced in dollars …

Gold prices extended their record highs on Tuesday, driven by concerns over U.S. President Donald Trump's criticism of Federal Reserve Chairman Jerome Powell. Spot gold rose 1.4 percent to $3,472.49 per ounce by 0247 GMT, after touching a record high of $3,473.03 earlier in the session. U.S. gold futures gained 1.7 percent to $3,482.40. Among other precious metals, spot silver fell 0.4 percent to $32.57 per ounce, platinum rose 0.3 percent to $9…

Gold surges to new all-time-high; overtakes Magnificent 7 as most crowded trade

Gold has soared to successive all-time highs this year. At the time of writing, gold is trading at US$3,433, after surging more than 30% for the year to date. Gold has significantly outperformed the S&P/ASX200 Index (ASX: XJO), which is down more than 5% for the year to date.  Historically, gold has been seen as a safe haven during uncertain times and a hedge against inflation. Given the recent geopolitical conflict and persistently high inflati…

Gold hits record high above $3,400

Gold surged to fresh all-time highs on Monday.   Spot gold soared as high as US$3,430.18 per ounce before settling 2.88% higher at US$3,422.72—marking its biggest single-session gain in months. The rally adds to a more than US$700 climb since the beginning of 2025, with the precious metal up around 30% year-to-date.   The gains came as the US dollar dropped to its lowest level since 2022. A weaker dollar tends to boost demand for gold by making …

The gold market has recorded a new historic milestone in surpassing $3,400 per troy ounce, an increase that, according to Bloomberg, is due to the weakness of the US dollar and growing global economic uncertainty. On Monday, the price of spot gold reached $3,418.89 per ounce, with an increase of 2.7% in the day, while the futures of gold in the United States stood at $3,423.30 per ounce, with a gain of close to 3%. In this sense, it is appropria…