Fake golden bars piled up successful Clermont-Ferrand France connected March 25 2025.
Romain Costaseca | Afp | Getty Images
Gold prices deed $4,000 for the archetypal clip Tuesday arsenic investors question a harmless haven from geopolitical uncertainty and stubborn inflation.
Gold futures were past trading astatine $4,005.80 per ounce. Prices person gained much than 50% this twelvemonth arsenic President Donald Trump upends the planetary commercialized strategy and threatens the independency of the Federal Reserve.
Central banks and retail investors are buying golden astatine a beardown clip. Governments are trying to hedge against the hazard of U.S. sanctions and consumers are looking for extortion against inflation.
Bank of America urged investors connected Monday to attack golden cautiously arsenic prices were heading toward $4,000. BofA warned clients that golden faces "uptrend exhaustion," which could pb to "a consolidation oregon correction" successful the 4th quarter.
This is breaking news. Please refresh for updates.
English (US) ·