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1st April 2025
Gold updates historic record: reached $3,177 ahead of April 2
As markets falter the yellow metal continues to soar, reaching a new all-time high of $3,177 an ounce. Behind the rise of the ultimate safe haven asset is the fear of what will happen tomorrow, April 2, 2025, when the reciprocal tariff policy is outlined. Fears that universal tariffs at 20 percent will be adopted are back to shake the economy: Asian stock markets in deep red, while the old continent has seen 245 billion go up in smoke.Source: La Repubblica
31th March 2025
Possible discovery of two new gold super deposits in China: reserves could exceed 1,000 tons
The quintessential safe haven asset is back on the investment scene, boasting exceptional returns, outperforming many other assets. Since the 2025 minimum settlement of $2,638.40 an ounce (Jan. 6), the yellow metal's surge has been +39.63 percent. This is a staggering gain, prompting traders and investors to include gold in their portfolios for capital purchase protection. Source: Kitco News
28th March 2025
Silver in the spotlight: traded above $34 per ounce for the first time since October 2024
Silver is back in the spotlight as it traded above $34 per ounce again after gaining more than 40 percent over the past 12 months. This is the highest level since October 2024, and extends weekly gains to nearly 4 percent in the shadow of rising demand for safe-haven assets. The contribution of the Trump administration, which on Wednesday announced a 25 percent tariff on all imported cars and light trucks, is evident. Also supporting the price is the prospect of further interest rate cuts by the Federal Reserve.
Source: Trading Economics