Skip to main content

Gold

Gold prices showed mixed movement in today's trading session as investors navigate the uncertain waters of escalating global trade tensions. The most active June futures contract reached an intraday high of $3,037.90 before settling at $2,998.30, down marginally by $0.50 or 0.02% as of 5:05 PM ET. A weakening U.S.

Gold futures experienced their third consecutive day of selling pressure, with the most active June contract declining by $57.30 (-1.87%) to close just below the key $3,000 level at $2,998.80 per troy ounce. This downward pressure stemmed from Trump's Tuesday announcement, coupled with dollar strength and rising U.S. Treasury yields. The U.S.

Financial markets worldwide experienced a second consecutive day of significant declines following President Trump's announcement of revised tariff strategies on Wednesday. The unprecedented selloff has affected equities, commodities, and precious metals, raising concerns about global economic stability.

Gold prices plummeted in a dramatic 36-hour selloff characterized by exceptional volatility. As of 4:50 PM ET, gold futures for June delivery settled at $3,139.30, marking a significant decline of $50.90 or 1.59%. The precious metal touched an intraday low of $3,073.50, approximately $123 below its opening price, which had been near yesterday's record all-time high of $3,201.60.

Gold prices reached unprecedented heights following President Trump's announcement of sweeping tariff revisions, reflecting immediate market response to a policy that promises to reshape America's trade relationships and consumer costs.

Gold futures reached an unprecedented high as investors flock to the precious metal amid growing economic uncertainty surrounding impending tariff policies. The most active June contract closed the New York session at $3,152.20, marking a modest gain of $1.90 (0.06%), after touching an all-time peak of $3,177 during intraday trading.

Gold has emerged as a standout performer in the investment landscape, delivering exceptional returns that outshine many other asset classes. The precious metal continues to break records, with spot gold currently fixed at $3,123.83 after today's impressive gain of $38.22 (1.24%).

The financial world trembles as gold scales unprecedented heights, transforming from a mere commodity to a powerful harbinger of global economic instability. March 2025 will be remembered as a pivotal moment when precious metal prices not only broke records but also exposed the fragile underpinnings of international trade and monetary policy.

The gold market is currently experiencing a remarkable and compelling rally that demands careful attention from investors and economic observers alike. The April futures contract has demonstrated impressive strength, surging by $37.80 and representing a 1.25% increase to $3,060.60.

This report covers Wednesday trading range in gold. It also explains our upside target for the best possible outcome.