Insignia Consultants | Gold steadies after hitting all-time high on Trump tariffs
Gold steadies after hitting all-time high on Trump tariffs
yesterday
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April 3 (Reuters) - Gold prices took a breather on Thursday after surging to yet another all-time high after U.S. President Donald Trump's announcement of sweeping import tariffs drove investors to the safe-haven asset.
Spot gold was steady at $3,130.21 at 0834 GMT amid some profit-taking, after hitting a record peak of $3,167.57 earlier in the session.
U.S. gold futures were down 0.4% to $3,154.10.
Gold has continued to build on last year's rally, with prices rising 19% in 2025 as a combination of factors - including economic and geopolitical uncertainties, robust central bank purchases and increased flows into gold-backed exchange-traded funds - has supported the metal.
