Why has the price of gold surged?

Why has the price of gold surged?

Although gold and silver have not been a direct target of tariffs, market reactions to trade uncertainty have driven a significant shift in prices.Scott Boulanger, the president of Grizzly Gold and Silver says, "Four months ago the word in our industry was that there are central banks around the world starting to amass and accumulate gold."WATCH: Gold prices have surged in recent weeksSince December, gold spot prices have increased around eleven…

Gold Surges Past $3,300 – Why Silver Could Be Next

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Gold breaks new all-time high above $3,300 per ounce

April 17, 2025 (Investorideas.com Newswire) Investorideas.com, rated as a top 100 investment website for investment issues market commentary from Quasar Elizundia, Expert Research Strategist at Pepperstone.

Gold prices continued their record-breaking rise on Thursday as investors flocked to safe-haven assets. This comes amid escalating global tensions between the United States and its trading partners. Spot gold rose 0.1% to $3,346.20 per ounce by 04:08 Abu Dhabi time, after touching an all-time high of $3,357.40.

Gold Price Surpasses $3,300 for the First Time in History - Action Forex

Just six days ago, we highlighted the historic breakthrough of the $3,200 level for the first time. Now, as the XAU/USD chart shows today, the price of an ounce of gold on global exchanges is fluctuating above $3,300. Bullish sentiment is being driven by a weakening US dollar and rising trade tensions between the United […] The post Gold Price Surpasses $3,300 for the First Time in History appeared first on Action Forex.

So far this year, it has risen 25% to US$3,300 an ounce thanks to the uncertainty generated by the war conflicts, interest rates and the dance of tariffs.