Tag #Gold Prices

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abcnews.go.com
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Gold Rush in Los Angeles: Soaring Prices Drive Surge in Jewelry Sales and Refinement

Soaring gold prices, driven by global economic uncertainty and President Trump's tariffs, are causing a surge in gold transactions at Los Angeles' St. Vincent Jewelry Center, with jewelers reporting a significant increase in customers selling or melting old jewelry, while others face profit margin c...

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usa.chinadaily.com.cn
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China's Gold Investment Surges Amidst Record Prices

China's gold investment soared in Q1 2025, with record ETF inflows (23 metric tons), a 12% year-on-year rise in bar and coin demand (124 tons), and a 19% drop in jewelry demand due to high prices, making China the largest contributor (38%) to global bar and coin investment growth.

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gr.euronews.com
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Gold Prices Surge to Record High Amidst Trump's Fed Criticism and Trade Tensions

Gold prices hit a record high of over \$3,490 per ounce on Tuesday due to increased safe-haven demand amid President Trump's criticism of the Federal Reserve and escalating trade tensions, particularly between the US and China.

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cbsnews.com
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Gold Prices Surge Past $3,000, Driven by Central Bank Buying

Gold prices hit a record high of nearly $3,100 per ounce, a 72% increase since mid-2023, driven by record central bank buying; experts predict further price growth, impacting investor strategies.

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dailymail.co.uk
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Record Gold Prices Amid Trump's Trade Wars and Global Uncertainty

Spot gold prices hit a record $3,084.4 per ounce on Friday due to President Trump's trade wars and global uncertainty, increasing by 17% in 2025 and 50% since January 2024; central banks added 1,045 metric tons to reserves in 2024.

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elmundo.es
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Costco's Gold Sales Reflect Global Investment Trend

Costco Spain is selling gold bars, mirroring a global trend of increased gold investment due to economic uncertainty; US Costco's Q1 2025 online gold sales exceeded \$100 million, while Spanish sales figures are unavailable.

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africa.chinadaily.com.cn
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China's Gold Investment Soars Amidst Record Prices and Trade Tensions

China's gold investment soared in Q1 2025 due to record-high prices, trade tensions, and currency depreciation concerns, resulting in record ETF inflows (23 metric tons) and a 12% year-on-year rise in gold bar and coin demand (124 tons), while jewelry demand fell 19% year-on-year.

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abcnews.go.com
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Experts Dispute Trump Coins' Claim Linking Gold Surge to Trump's Policies

Trump Coins' marketing email credits President Trump's policies for the recent record-high gold prices (over \$3,500 per ounce), but financial experts attribute the surge to economic uncertainty caused by Trump's trade policies and erratic economic decisions, exemplified by the concurrent market dow...

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dw.com
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tr.euronews.com
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Trump's Tariffs Trigger Euro Surge, Global Market Decline

President Trump's announcement of reciprocal tariffs, imposing at least 10% on all countries with additional levies on China (34%), the EU (20%), and Vietnam (46%), caused the Euro to strengthen against the US dollar, while global markets reacted negatively, with Asian markets falling sharply and US...

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theglobeandmail.com
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Record High for Gold Futures Amid Trade Tensions

On Thursday, U.S. gold futures hit a record high of $3,065.50 due to increased investor demand for safe-haven assets amid rising global trade tensions sparked by President Trump's new auto tariffs and the expectation of potential rate cuts by the Federal Reserve.

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cincodias.elpais.com
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Record Gold Prices Reshape Spain's "Compro Oro" Market

High gold prices are impacting small Spanish gold-buying businesses negatively while larger firms are thriving, as fewer people are selling gold due to expectations of further price increases, leading to a market transformation.

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Showing 13 to 24 of 43 results