Gold breaks US$3,300 as expanding trade war bolsters haven demand

A summary of the most important gold news and analysis of the last week.

Gold price USD/OZ: $3,315.13 [View live gold price.]

Change from last week: $99.69 (3.10%)

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Gold news

• Gold breaks US$3,300 as expanding trade war bolsters haven demand

"Gold surged to a new record high as the dollar fell and tech stocks slumped and investors seek safety."

• Gold hits $3300 as US-China trade war 'cracks dollar hegemony'

• Goldman Sachs forecasts gold at $3,700/oz by year-end on rising central bank and ETF demand

• Gold Digger: As volatility runs wild US$4000/oz is now on the cards

• Why experts suggest the gold price may reach US$4,500 by 2026

• After surge to record highs, gold overtakes 'Magnificent 7' as the most crowded trade on Wall Street

• Gold News: Is dedollarization fueling the next stage of the gold rally?

• Gold SWOT: Global central banks continued to boost their gold reserves in February 2025

• Rising gold prices spark boon for jewellery and bullion retailers

• The biggest bugs in the new gold rush are Asian

"Wall Street is loading up on bullion. So are people in China and India."

🌐 World gold news

🇨🇳 China

• China offers banks extra gold import quotas as investors flock

• Chinese gold ETFs April inflows surpass first quarter total, WGC says

🇬🇭 Ghana

• Ghana bans foreigners from local gold trading in major overhaul

🇮🇳 India

• RBI amasses $97 billion in gold as central banks fuel global buying spree

🇸🇬 Singapore

🇰🇷 South Korea

• Wealthy Koreans shift focus from real estate to gold, bonds and crypto

🇨🇭 Switzerland

• Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs

🇬🇧 United Kingdom

 • London chocolatier takes inspiration from Dubai for luxury Easter eggs

🇺🇸 United States

• Gold that flowed into US in tariff bet now slowly trickles out

• Gold makes yet another all-time high as Americans flock to it in numbers never seen before

🇻🇳 Vietnam

• Vietnam discovers 12 mines containing over 10 tons of gold

• Vietnam’s largest gold firm reports record profit amid surging gold prices

• Gold buyers queue up for 3 hours at jewelers as prices keep rising

Gold-backed cryptocurrency

• Gold ETF inflows hit three-year high as tokenized gold market reaches $1.4 billion

Read more about gold-backed cryptocurrencies.

Gold Weekly features curated articles from various sources and is not financial advice. For advertising and news submission requests, contact us.