Gold Tops $3,300 As Peter Schiff Calls It 'Biggest Financial Story,' Barrick GOLD Flaunts A Golden Cross

BenzingaApr 16 08:37 ET

Gold Fund Inflows Smash Record With $80 Billion In 2025 — These ETFs Are Riding The $3,300 Surge

BenzingaApr 16 08:12 ET

U.S. gold mining stocks surged before the market opened, with Newmont rising over 10%, and gold breaking the 3,300 mark to continue hitting new highs.

① The spot Gold price broke through $3,300, reaching a daily high of $3,317.82 per ounce. Influenced by the rise in Gold prices, gold mining stocks in the U.S. strengthened overall before the market opening; ② Analysts state that concerns over a Global economic recession triggered by the trade war, along with investors' difficulties in establishing long-term positions, have made Gold a safe-haven Asset. Additionally, factors like the depreciation of the dollar and expectations of interest rate cuts by the Federal Reserve have supported Gold prices.

cls.cnApr 16 05:32 ET

Safe-haven Gold Hits Record High on Weak Dollar, Trade War Woes

The Edge MarketsApr 16 04:31 ET

The weak dollar and the escalating trade war are driving the surge as Gold soars close to 3,300 dollars.

As the dollar weakens, trade tensions escalate, and concerns about Global economic growth rise, the demand for safe-haven Assets has pushed Gold prices to break historical records again on Wednesday.

Zhitong FinanceApr 16 02:48 ET

Gold Climbs To Record As Trade War Continues

Business TodayApr 16 01:00 ET