Jin10 data April 22, during the Asian trading session, the price of gold continued its record rise. Spot gold broke through multiple barriers, reaching a new high of 3470 dollars. This indicates that investors are increasingly channeling funds into gold, a traditional safe-haven asset, in the face of escalating risks of a U.S. economic recession and instability in financial markets, causing gold prices to soar. In particular, the current market's continued lack of confidence in the dollar has become a significant factor driving the rise in gold prices denominated in dollars. Looking ahead, amid increasing uncertainty in financial markets and Trump’s ongoing attacks on Federal Reserve Chairman Powell, gold is likely to remain the preferred asset for investors. Additionally, due to the lack of significant economic data from the U.S., gold prices will be influenced by risk sentiment and news related to tariffs.

TRUMP-2,12%
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