Monday, 21 April 2025

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Gold hits record high on trade war woes, weak dollar

 Published: 12:49, 21 April 2025

Gold hits record high on trade war woes, weak dollar

Gold scaled a record peak on Monday, spurred by concerns over global economic growth amid the U.S.-Sino trade war, while a weaker dollar further boosted the rally.

Spot gold advanced 1.4% to $3,373.70 an ounce as of 0432 GMT after hitting a record high of $3,385.08 earlier in the session. US gold futures firmed 1.8% to $3,386.50.

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