Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Gold is up almost 50% since 2024 as Trump hits the world with more tariffs – London Business News
    Precious Metal

    Gold is up almost 50% since 2024 as Trump hits the world with more tariffs – London Business News

    April 4, 20253 Mins Read


    We have seen gold reach record highs of over £2,342 ($3,080) this week as President Trump reveals more tariffs, driving investors to the precious metal safe-haven.

    Gold has continued to build over the last year as a result of many factors including geopolitical and economic uncertainties and it looks like these will continue for a significant time.

    So what does this mean for gold in the long run and will the momentum continue as we progress through the year?

    Rick Kanda, Managing Director at The Gold Bullion Company has shared insights into what is happening and spoken on what he believes is in store for gold throughout 2025.

    “President Trump’s tariff war is evidently causing economic uncertainty, which is, in turn, concerning buyers. Buyers from the United States are opting to move their holdings overseas, which is creating obstacles and rising gold prices. Buyers are worried about the gold shortages this might cause; however, movements of holdings between banks are just organised relocation of vaulted gold, and buyers shouldn’t view this as an actual supply crisis.

    The leading cause of this shift in gold holdings is an increase in demand for physical gold rather than cash. In the past, certain gold investments, like ETFs, where you invest in gold but don’t actually own the physical product, were usually settled in cash.

    However, the shift in buyers wanting their physical gold and not cash has added pressure and logistical challenges to physical supply, leading to price increases. Trump’s tariff war has caused economic uncertainty, making gold more attractive than cash in the eyes of investors.”

    Rick continues, sharing his expert predictions for the precious metal throughout 2025, “We are now seeing forecasts of the precious metal reaching $3,500 by the end of the week and looking at its increased rises throughout this year, I fully expect this will be the case.

    As we move further into 2025, gold will continue to see significant increases, especially if economic instability continues, as this will encourage central banks to keep at it with their aggressive gold-buying strategies. This behaviour from the banks is ultimately pushing gold prices even higher.

    Trump’s tariff war is expected to keep gold in high demand. In the past, gold has been a reliable investment option and safe-haven asset in times of market unpredictability, and by the looks of things, 2025 is going to be another year of just that. To sum up, all indications suggest that gold will have another record-breaking year, which gold investors should be happy about as this confirms its value.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    ‘I had a double lung transplant then won silver’

    Precious Metal

    Two metals, one fund: Diversifying with gold and silver

    Precious Metal

    Gold price gains 1% as Powell gives dovish signal

    Precious Metal

    Kodiak hits high-grade copper-gold at MPD project in British Columbia

    Precious Metal

    Scrap-Copper Traders Redirect Metal to Sidestep China Levies

    Precious Metal

    Silver (XAG) Forecast: Breakout or Breakdown? Price Coils Near $37.87 Trigger

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Fl Cities fret over end of property tax

    Property

    Pennsylvania wholesalers required to have real estate licenses starting in 2025

    Fintech

    Une trésorerie Bitcoin (BTC) de 800 millions de dollars ? Cette entreprise cotée en bourse affiche ses ambitions

    Editors Picks

    This Canadian Treasure Pays a Reliable 5.9% Dividend That Increases Yearly

    May 21, 2025

    Regions and countries adopting cryptocurrency around the world: What PNG can learn

    June 23, 2025

    Wall Street’s Most Accurate Analysts Give Their Take On 3 Financial Stocks Delivering High-Dividend Yields – Arbor Realty Trust (NYSE:ABR), Chimera Investment (NYSE:CIM)

    July 2, 2025

    Longtime Troy police chief announces retirement

    August 15, 2024
    What's Hot

    George Russell comes clean on retirement plan and private conversation with Novak Djokovic

    August 5, 2025

    Gold price today: Yellow metal surges to new all-time high on Fed rate cut expectations; silver falls 1.2%

    July 17, 2024

    Cornish Bakery hires property director to help hit 400-site target

    June 6, 2025
    Our Picks

    Bandera property owners claim solar farm project polluting their properties

    October 10, 2024

    Looking to earn income through passive investing? Here are 3 top dividend stocks to consider

    August 25, 2024

    Affaire MIC : Sébastien de Robillard, responsable des ventes chez ENL, entendu à titre de témoin

    April 9, 2025
    Weekly Top

    ‘I had a double lung transplant then won silver’

    August 22, 2025

    St Dogmaels among the best UK villages to invest in

    August 22, 2025

    How the digital euro could change the way people pay

    August 22, 2025
    Editor's Pick

    Is gold set to hit Rs 1 lakh? – Firstpost

    April 2, 2025

    Unico Silver signale une minéralisation à haute teneur dans le cadre du projet Argentina Silver, les actions augmentent de 5%. -Le 12 mars 2025 à 06:52

    March 11, 2025

    India’s real estate investments soar 88% to $3 bn in H2 2024, driven by office assets

    March 18, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.