Gold Prices Rise Over 10% in April, Hit $3,500 Amid Fed Turmoil
Gold prices (XAU/USD) continue to soar, showing significant resilience as they reached a record peak of $3,500 during early Asian trading. Despite upward momentum, some profit-taking has seen prices retreat slightly to around $3,460. Analysts closely watch this movement to gauge market behavior during this volatile April. The circumstances highlight gold’s status as a favored asset, even amid challenges stemming from central bank tensions, making it a key focus for traders.