Time to buy gold? How investors’ favorite safe haven is doing in the tariff crisis

Quick Summary:

The yellow metal is doing better than ever.

Thomas added that this is a typical pattern, noting that during past extreme market events such as the COVID panic in March of 2020, gold has dropped as much as 5% before quickly rebounding.

While it took 12 years for gold's price to increase from $1,000 to $2,000 an ounce (a mark it reached in 2020), it took only another five years for it to break the $3,000 barrier.In its report, J.P.

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Article Details

Author / Journalist: Jeff John Roberts

Category: EconomyBusiness

Markets: United States

Topics: Registered Reserved Limited Trademark Rights Time 2025 Other Fortune Gold Media

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 20:00:38 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1062 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 266 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27778247

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Official Website: fortune.com

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