{"id":20969,"date":"2025-04-18T02:50:08","date_gmt":"2025-04-18T02:50:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=20969"},"modified":"2025-04-18T02:50:08","modified_gmt":"2025-04-18T02:50:08","slug":"gold-prices-pause-amid-holiday-thinned-trading","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-pause-amid-holiday-thinned-trading\/","title":{"rendered":"Gold Prices Pause Amid Holiday-Thinned Trading"},"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-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/gold7-1024x559.png\" alt=\"\" class=\"wp-image-16980\" \/><\/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> slips to <strong>$3,327.49\/oz<\/strong> in holiday-thinned Asia trading after setting fresh record highs earlier this week.<\/li>\n\n\n\n<li>Demand for gold continues amid uncertainties surrounding <strong>U.S. trade policies<\/strong>.<\/li>\n\n\n\n<li>Market focus on <strong>U.S.-China tariff tensions<\/strong> and upcoming <strong>U.S. tariffs on critical minerals<\/strong>.<\/li>\n\n\n\n<li>Potential demand for <strong>gold<\/strong> may increase as global geopolitical tensions intensify.<\/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 Takes a Breather Amid Ongoing Tariff Uncertainty<\/h2>\n\n\n\n<p><strong>Gold (XAUUSD) <\/strong>prices experienced a slight pullback on Friday, settling at <strong>$3,327.49<\/strong> after a strong rally earlier this week, driven by continued uncertainty surrounding <strong><a href=\"https:\/\/www.msn.com\/en-ca\/money\/topstories\/us-banks-flag-risks-to-consumer-spending-from-tariff-uncertainty\/ar-AA1CYtFL?ocid=BingNewsSerp\">U.S. trade policy<\/a><\/strong>. The retreat was influenced by a <strong>slightly firmer U.S. dollar (USD)<\/strong> but ongoing demand for <strong>safe-haven assets<\/strong> remains high.<\/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\">Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters Poll <a href=\"https:\/\/t.co\/wf0uQIq6Ny\">https:\/\/t.co\/wf0uQIq6Ny<\/a> <a href=\"https:\/\/t.co\/ZGXWwMJAf0\">pic.twitter.com\/ZGXWwMJAf0<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1912892579231694941?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<p>Gold traders could continue to react to <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/china-calls-bluff-on-245-us-tariff-meaningless\/ar-AA1D6SaD?ocid=BingNewsSerp\">new tariff developments<\/a><\/strong> as they unfold. Potential <a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2025\/04\/14\/trump-tariffs-markets-live-updates\/83073039007\/\"><strong>U.S. tariffs<\/strong> on <strong>critical minerals<\/strong>, <strong>pharmaceuticals<\/strong>, and <strong>semiconductors<\/strong><\/a> are expected to drive further demand for <strong>gold<\/strong>, despite signs of overextension in the recent rally.<\/p>\n\n\n\n<p><strong>Asian demand<\/strong> may face some pressure due to high gold prices, which could curb physical purchases in <strong>India<\/strong> and <strong>China<\/strong>. Additionally, <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/us-japan-still-have-gaps-on-trade-stances-after-white-house-talks\/ar-AA1D6pW5?ocid=BingNewsSerp\">Japan-U.S. trade talks<\/a><\/strong> could affect <strong>gold markets<\/strong> in the coming weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Outlook<\/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-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/18.4_1-1024x450.jpg\" alt=\"\" class=\"wp-image-20971\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: XAUUSD consolidates near support at 3283.99 after testing resistance at 3357.72, 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>0.47<\/strong>%, closing at <strong>3327.49 <\/strong>after opening at <strong>3343.14<\/strong>. The pair saw a steady decline, reaching a low of <strong>3283.99 <\/strong>before recovering slightly to close near <strong>3327.49<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) reflect a mixed trend, with the shorter-term moving averages crossing below the longer-term ones. This indicates that there is downward pressure, but the market has recently shown some signs of recovery. The MACD (12,26,9) confirms this, as the MACD line (blue) has crossed the signal line (yellow) to the upside, suggesting a potential shift in momentum.<\/p>\n\n\n\n<p>Key levels to monitor include <strong>3357.72<\/strong> as immediate resistance and <strong>3283.99 <\/strong>as support. A break above resistance could signal a potential continuation of the upward movement, while a drop below support could suggest further bearishness.<\/p>\n\n\n\n<p>Gold prices are expected to remain volatile as trade tensions and potential new tariffs continue to influence market sentiment. While the recent rally faces some resistance, demand for gold as a safe-haven asset remains strong amid geopolitical uncertainties and economic policy shifts.<\/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","protected":false},"excerpt":{"rendered":"<p>Gold prices retreat to $3,327.49\/oz, facing pressure from a firmer USD and ongoing U.S. trade policy uncertainty, but safe-haven demand remains high. -vtmarkets,com<\/p>\n","protected":false},"author":66,"featured_media":16980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-20969","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-ca\/wp-json\/wp\/v2\/posts\/20969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=20969"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/20969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16980"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=20969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=20969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=20969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}