{"id":20951,"date":"2025-04-17T04:17:07","date_gmt":"2025-04-17T04:17:07","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=20951"},"modified":"2025-04-17T04:17:07","modified_gmt":"2025-04-17T04:17:07","slug":"gold-holds-near-record-high-trade-uncertainty-continues","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-holds-near-record-high-trade-uncertainty-continues\/","title":{"rendered":"Gold Holds Near Record High\u2014Trade Uncertainty Continues"},"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\/download-14-1024x559.png\" alt=\"\" class=\"wp-image-20953\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold<\/strong> sustains <strong>above $3,330<\/strong> per ounce, supported by a 3% surge the previous session.<\/li>\n\n\n\n<li>Gold closes at <strong>$3,340.13<\/strong>, maintaining a strong upward trend.<\/li>\n\n\n\n<li>U.S. trade policy uncertainty and tariffs support safe-haven demand.<\/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 Prices Maintain Strength Amid U.S. Trade Policy Uncertainty<\/h2>\n\n\n\n<p>Gold prices held firm above <strong>$3,340<\/strong> per ounce as traders reacted to the continued uncertainty surrounding U.S. trade policy. After surging more than <strong>3%<\/strong> in the previous session, gold posted further gains, reaching a high of <strong>$3,357.72<\/strong> on Thursday. <\/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 prices rose on Tuesday as investors continued to flock to the safe-haven asset amid uncertainty surrounding U.S. President Donald Trump&#39;s tariff plans, which could escalate an ongoing trade war and slow global economic growth. <a href=\"https:\/\/t.co\/yI5hrvbUvn\">https:\/\/t.co\/yI5hrvbUvn<\/a> <a href=\"https:\/\/t.co\/Shhddbuo6o\">pic.twitter.com\/Shhddbuo6o<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1912130067192304072?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>The precious metal&#8217;s safe-haven appeal was further amplified by market reactions to President Donald Trump&#8217;s <a href=\"https:\/\/www.nytimes.com\/2025\/04\/16\/business\/media\/tariffs-economy-recession-advertisers.html\">unpredictable tariff announcements<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tariff Talks and Fed Policy Drive Market Sentiment<\/h2>\n\n\n\n<p>Uncertainty surrounding <strong>Trump&#8217;s trade tariffs<\/strong>, especially the <a href=\"https:\/\/www.msn.com\/en-us\/news\/us\/white-house-launches-national-security-investigation-into-pharma-semiconductors\/ar-AA1CUKHW?ocid=BingNewsSerp\">ongoing investigation<\/a> into semiconductor and pharmaceutical imports, has kept traders on edge. Additionally, the <strong>Federal Reserve&#8217;s caution on interest rate adjustments<\/strong> and statements from <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/powell-says-fed-can-wait-for-greater-clarity-on-tariffs-before-cutting-interest-rates\/ar-AA1D3dfj?ocid=BingNewsSerp\">Fed Chair Jerome Powell<\/a><\/strong> about waiting for greater clarity before making any moves added further pressure on the U.S. dollar and benefited gold&#8217;s rally.<\/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\">Given President Donald Trump&#39;s shifting tariff policy, Fed Chair Jerome Powell&#39;s comments showed how \u2018clouded\u2019 the central bank&#39;s economic \u2018guesstimations\u2019 are, Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, says <a href=\"https:\/\/t.co\/MCZc9lZrEv\">pic.twitter.com\/MCZc9lZrEv<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1912681165334729069?ref_src=twsrc%5Etfw\">April 17, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Bullish Outlook for Gold<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/17.4_1-1024x450.jpg\" alt=\"\" class=\"wp-image-20954\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: XAUUSD retraces slightly from the high of 3357.72, testing support near 3340, as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>XAUUSD decreased by <strong>0.09<\/strong>%, closing at <strong>3340.13 <\/strong>after opening at <strong>3343.14<\/strong>. The pair saw a <strong>steady rise earlier, reaching a high of 3357.72<\/strong> before retracing slightly and closing near <strong>3340.13<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) suggest a neutral trend, with the short-term moving averages hovering around the longer-term ones. This indicates some consolidation or indecision in the market. The MACD (12,26,9) is also showing a weakening histogram as the MACD line (blue) is approaching the signal line (yellow), indicating a potential slowdown in the current bullish momentum.<\/p>\n\n\n\n<p>With a high of <strong>$3,357.72<\/strong> and closing at <strong>$3,340.13<\/strong>, gold is on track to continue benefiting from geopolitical risks and market volatility. Traders are pricing in potential <strong>rate cuts<\/strong> by the <strong>Fed<\/strong>, which could support gold prices further.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong>&nbsp;and&nbsp;<\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices surge to $3,357.72, supported by ongoing trade uncertainties and the Fed&#8217;s cautious stance on rate hikes. Safe-haven demand continues to drive gold&#8217;s rally. -vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":20953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-20951","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\/20951","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=20951"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/20951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/20953"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=20951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=20951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=20951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}