Bullion retail market (LCS news/reports/commentary)
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ALERT! Gold SMASHES Record! It's A Recalibration Of The World Economic Order!
Apr 16, 2025 #silver #gold #preciousmetals12:36
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Why Gold Prices Surged to a Record High on Wednesday
Key Takeaways
- Gold futures rose to a record high of more than $3,350 an ounce on Wednesday as stocks sold off after chip giant Nvidia warned its earnings would take a $5 billion hit from escalating tensions between the U.S. and China.
- Gold prices have soared more than 25% so far this year, boosted by uncertainty about President Trump's tariff policies and the economic damage they could inflict.
- Analysts with the World Gold Council believe central banks and investors are likely to continue driving up the price of gold as geopolitical tensions persist.
More:
https://www.msn.com/en-us/money/mar...n-wednemybsfsday/ar-AA1D3xG1?ocid=socialshare