{"id":20842,"date":"2025-04-15T03:34:03","date_gmt":"2025-04-15T03:34:03","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=20842"},"modified":"2025-04-15T03:34:03","modified_gmt":"2025-04-15T03:34:03","slug":"gold-continues-to-rally-amid-tariff-uncertainty","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-continues-to-rally-amid-tariff-uncertainty\/","title":{"rendered":"Gold Continues to Rally Amid Tariff Uncertainty"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/gold4-1024x559.png\" alt=\"\" class=\"wp-image-16977\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Points:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold (XAUUSD)<\/strong> surpasses <strong>$3,220<\/strong>, maintaining upward momentum.<\/li>\n\n\n\n<li><strong>Trump&#8217;s tariff rhetoric<\/strong> continues to fuel safe-haven demand.<\/li>\n\n\n\n<li><strong>Fed rate cuts<\/strong> may drive further support for gold.<\/li>\n\n\n\n<li>Market pricing suggests <strong>rate cuts<\/strong> by year-end, supporting gold&#8217;s rally.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Gold Continues Upward, Surpassing $3,220<\/h2>\n\n\n\n<p>Gold has continued its ascent, surpassing the <strong>$3,220<\/strong> mark, as uncertainty surrounding President Trump\u2019s tariff plans stokes continued <strong>safe-haven demand<\/strong>. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Gold is holding firm just below a record set in the week\u2019s opening session as US plans to impose more tariffs fan investor anxiety <a href=\"https:\/\/t.co\/P1bsKkieki\">https:\/\/t.co\/P1bsKkieki<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1911943964652966008?ref_src=twsrc%5Etfw\">April 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>Gold&#8217;s safe-haven status<\/strong> has been underlined this week, as the U.S. President&#8217;s tariff policies created <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/the-tariff-uncertainty-isnt-getting-any-better-in-markets-chart-of-the-week\/ar-AA1CMY3o?ocid=BingNewsSerp\">market uncertainty<\/a><\/strong>, pushing traders to seek refuge in gold.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tariff Uncertainty Driving Demand for Gold<\/h2>\n\n\n\n<p>The rally in gold comes amid <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/investor-ray-dalio-warns-trade-war-puts-us-very-close-to-a-recession\/vi-AA1CQDXU?ocid=BingNewsSerp\">fears of a global recession<\/a><\/strong> fueled by <a href=\"https:\/\/www.msn.com\/en-us\/news\/politics\/the-white-house-s-8-big-tariff-flipflops-since-liberation-day\/ar-AA1CQqGd?ocid=BingNewsSerp\"><strong>Trump\u2019s flip-flopping<\/strong> on his tariff agenda<\/a>. After initially exempting <strong><a href=\"https:\/\/www.msn.com\/en-us\/news\/technology\/list-of-products-exempt-from-trump-tariffs-including-smartphones-laptops\/ar-AA1CT7s3?ocid=BingNewsSerp\">tech products<\/a><\/strong> from reciprocal tariffs, the President has now indicated <strong><a href=\"https:\/\/www.msn.com\/en-us\/politics\/government\/trump-floats-exceptions-for-auto-parts-facing-25-us-tariffs\/ar-AA1CUdW7?ocid=BingNewsSerp\">auto parts<\/a><\/strong> may also face tariffs in the coming months. On top of this, new <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/trump-pledges-national-security-trade-investigation-into-semiconductors-signals-new-tariffs-on-electronics\/ar-AA1CTCAl?ocid=BingNewsSerp\">national security investigations<\/a><\/strong> into <strong>pharmaceuticals<\/strong> and <strong>semiconductors<\/strong> have raised the stakes for further <strong>tariff measures<\/strong>, adding to market anxiety.<\/p>\n\n\n\n<p>Gold\u2019s <strong>strong performance<\/strong> has been partly driven by <strong>tariff uncertainty<\/strong>, with markets reeling from the risk of prolonged <strong>trade war<\/strong> tensions. As the <a href=\"https:\/\/www.nytimes.com\/2025\/04\/14\/business\/us-dollar-trump-tariffs.html\"><strong>dollar<\/strong> weakens<\/a> due to these economic uncertainties, traders are increasingly turning to gold as a safe haven.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Fed Rate Cuts Could Further Boost Gold<\/h2>\n\n\n\n<p>The gold rally has also been supported by <strong>comments from Fed Governor Waller<\/strong>, who suggested that <strong>interest rate cuts<\/strong> may be necessary if tariffs remain in place for the long term. With markets currently pricing in around <strong>86 basis points of rate cuts<\/strong> by the end of the year, this outlook supports gold\u2019s rise, as lower rates typically boost demand for the <strong>precious metal<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Federal Reserve Governor Christopher Waller laid out two scenarios for how President Donald Trump\u2019s trade policy could affect the US economy, but said the inflationary impact of either would likely be temporary <a href=\"https:\/\/t.co\/3IajhkmBtk\">https:\/\/t.co\/3IajhkmBtk<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1911829479766229102?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Lower interest rates make holding gold more attractive compared to <strong>interest-bearing assets<\/strong>, as it does not pay interest. Therefore, <strong>gold\u2019s attractiveness<\/strong> as a hedge against inflation and economic uncertainty is likely to continue increasing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Outlook for Gold<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"449\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/15.4_1-1024x449.jpg\" alt=\"\" class=\"wp-image-20845\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: XAUUSD tests resistance at 3225.93 after a steady rally from 3193.69,\u00a0as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p><strong>XAUUSD (Gold) increased by 0.35%, closing at 3222.45 after opening at 3211.19<\/strong>. The pair saw a steady rise, reaching a high of <strong>3225.93 <\/strong>before retracing slightly to close near <strong>3222.45<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) indicate bullish momentum, with the shorter-term moving averages crossing above the longer-term ones. This suggests a potential for continued upward movement. The MACD (12,26,9) confirms this trend, showing a positive histogram as the MACD line (blue) moves above the signal line (yellow).<\/p>\n\n\n\n<p>Key levels to monitor include <strong>3225.93 <\/strong>as immediate resistance. A break above resistance could suggest further upside momentum, while a drop below support could indicate a bearish reversal.<\/p>\n\n\n\n<p>The outlook for gold remains <strong>positive<\/strong> as long as <strong>tariff uncertainties<\/strong> and expectations for <strong>Fed rate cuts<\/strong> persist. With <strong>$3,220<\/strong> acting as a strong <strong>support level<\/strong>, any further economic or geopolitical tensions could send gold prices even higher. <strong>Traders<\/strong> and market participants will continue to monitor developments in <strong>trade talks<\/strong> and <strong>monetary policy<\/strong>, both of which will influence the next major move for gold.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rise above $3,220 amid tariff uncertainty and expectations for Fed rate cuts as market anxiety fuel demand. -vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":16977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-20842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/20842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=20842"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/20842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16977"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=20842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=20842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=20842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}