Following a little selloff during Monday’s session, gold futures continue to increase and remain stable. At $3,025.20 a troy ounce, futures are up 0.3% and close to the all-time high of $3,065.20 an ounce set on Thursday. According to a report by Ipek Ozkardeskaya of Swissquote Bank, low-risk assets like gold had a little selloff during Monday’s session, while stocks increased as market confidence improved and demand for safe haven assets decreased. Ozkardeskaya says that this underscores expectations that the upcoming round of U.S. tariffs, which are anticipated to come on April 2, would be more calibrated and targeted than initially believed. A comeback in tariff-related relief also helped the U.S. dollar, which put more pressure on the precious metal.
Recovering Monday’s Losses, Gold Futures Reach Near-Record Highs – Market Talk
- Date: March 25, 2025
- Time: 10:51 AM
