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PRECIOUS-Gold Touches $3,500/oz Amid Trump's Attacks on Powell

April 22, 2025, 03.48 PM  | Reporter: Anna Suci Perwitasari
PRECIOUS-Gold Touches $3,500/oz Amid Trump's Attacks on Powell

ILUSTRASI. Bullion has gained nearly 33% so far this year and next psychological target on the upside is $3,600, analyst says??

GOLD - TOKYO. Gold prices briefly broke above $3,500 per ounce to an all-time high on Tuesday, after U.S. President Donald Trump criticised Federal Reserve Chair Jerome Powell, rattling investors and increasing demand for the safe-haven asset.

Spot gold was up 1.5% at $3,474.41 an ounce by 0743 GMT, after earlier rising as far as $3,500.05. U.S. gold futures gained 1.8% to $3,485.10.

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Editor: Anna Suci Perwitasari
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