Gold passes $3,500 amid Trump turmoil

Quick Summary:

Gold extended its record run on Tuesday, breaching $3,500 per ounce, as weakness in the dollar, US President Donald Trump’s attacks on the Federal Reserve and trade war fears spurred demand for the safe-haven asset.

Bitcoin, meanwhile, advanced to its highest level since early March, fuelling optimism that the biggest cryptocurrency is finally breaking free of a longstanding tendency to move in tandem with US tech stocks.

It’s possible that gold could see a correction at some point, some traders caution.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Trade Gold Market Trump Traders Dollar Bitcoin Tuesday

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 21:53:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 38 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 28153291

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Official Website: bangkokpost.com

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