Gold Climbs To Record As Trade War Continues

Quick Summary:

Gold rose to a record high as US President Donald Trump pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens.

Bullion climbed above US$3,248 an oz for the first time on April 16, surpassing the previous all-time peak set on April 14.

On April 15, Trump went ahead with investigations into the need for levies on critical minerals.

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Article Details

Category: InvestingBusiness

Markets: MalaysiaSingapore

Topics: Record high Gold Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 05:00:48 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 160 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 27942082

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Official Website: businesstoday.com.my

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Headquarters: Malaysia

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