Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold prices soared to a record high above $3,100 per ounce on Thursday, driven by heightened safe-haven demand after U.S. President Donald Trump announced sweeping 25% tariffs on all automobile imports, starting April 3. The move triggered global market jitters, with stocks in the U.S. and Asia posting sharp losses, prompting investors to flock to gold amid growing fears of a broader trade war.
Spot gold rose 1.2% to $3,056.60 an ounce, after hitting an all-time high of $3,059.30. Gold futures for May delivery climbed 1.5% to settle at $3,099.20, having touched a new record of $3,102 earlier in the day.
Goldman Sachs boosted its 2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected demand from central banks, particularly in Asia, and increased ETF inflows. The firm sees gold potentially reaching $3,680 per ounce by year-end 2025 if economic uncertainty and geopolitical risks persist.
Trump’s latest trade measures are set to impact major economies including Japan, South Korea, and the EU, while also pushing U.S. car prices higher — a move that could add inflationary pressure. Additional tariffs targeting key imports like semiconductors, pharmaceuticals, and industrial metals are expected to be announced on April 2.
Global backlash from countries such as China, Canada, and Mexico raises the risk of retaliatory tariffs, further fueling fears of a global trade war and economic slowdown — both bullish for gold.
Other precious metals also rallied, with silver jumping 3.2% to $35.32/oz and platinum rising 2.07% to $989.40/oz. Meanwhile, copper futures slipped, despite ongoing concerns over tighter supply due to potential U.S. import restrictions.
