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April 8, 2025

Gold Price Recovery: Spot Prices Climb Above 3,000 Mark

Gold prices (XAU/USD) have regained positive momentum during Asian trading on Tuesday, moving away from a three-day losing streak. The prices now hover around the $3,000 mark, significantly recovering from a nearly four-week low of around $2,957-2,956. The recent announcement of sweeping tariffs by US President Donald Trump has sparked global trade war concerns, potentially driving the economy toward a recession. Investors should track these developments, as they may have profound impacts on gold prices moving forward.

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