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Gold surges to new record high after Trump’s repeated attacks on US Fed chief

  • Gold prices climbed to an all-time peak on Tuesday.
  • President Trump's critical comments about Federal Reserve Chair Jerome Powell caused market worries.
  • Trump frequently assailed Chair Powell, demanding immediate interest rate cuts.
  • The price of gold reached $3,500.05 per ounce, a new record.
  • Demand for safe-haven assets increased, pushing gold's value higher.
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KAKE NewsKAKE News
+18 Reposted by 18 other sources
Center

Gold hits record as Trump fuels Fed fears, Wall Street rebounds

Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the Federal Reserve prompted investors to snap up the safe-haven asset.

GazetteXtraGazetteXtra
+14 Reposted by 14 other sources
Center

Gold soars to a new high as economic uncertainty deepens. Here's what to know

NEW YORK (AP) — As economic uncertainty deepens worldwide, gold prices have notched more and more record highs.

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investorideas.com broke the news in on Monday, April 21, 2025.
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