Gold Market News
Gold prices see pullback on profit taking. Stocks tumble, as data shows the U.S. economy contracted in the first quarter. Gold last traded at $3,288 an ounce. Silver at $32.62 an ounce.
April 30, 2025
Billionaire investor John Paulson sees gold near $5,000 by 2028 - Reuters/Yahoo! Finance--4.29.25
Central bank gold buying and global trade tensions are likely to push gold prices to near $5,000 an ounce by 2028, according to billionaire investor John Paulson. Banks and other experts have been raising their gold price forecasts after gold hit a record high just above $3,500 last week. 
Central Banks Fuel Gold Rally as De-Dollarisation Accelerates- Man--4.29.25
Record gold buying by central banks signals shifting reserves and cracks in U.S. dollar dominance. As the geopolitical landscape fractures, central banks are ramping up bullion purchases to diversify reserves, driven by growing concerns over reliance on the U.S. dollar.
Gold rallies as risk aversion returns - Kitco--4.28.25
Gold prices are sharply higher as the U.S. stock indexes sold off along with the U.S. dollar index. Technically, June gold futures have the solid overall near-term technical advantage and bulls' next upside price objective is to produce a close above solid resistance at the contract high of $3,509.90.
Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off - CNBC--4.24.25
Gold prices have been on a roll as recent trade turmoil has been driving investors to safe haven assets. Gold's inflation-hedging quality is making it "special," according to one expert and gold is "historically perceived as an inflation hedge, which may explain the preference for it."
A Historic Gold Rush Is Under Way, From Wall Street to Main Street - MSN--4.24.25
The gold business is booming. Gold is getting a boost as some investors are looking to put their money in one of the few investments that hasn't lost value over the past few months. Investors have long turned to gold for its protective qualities in periods of economic uncertainty.
Gold surges to a record above $3,400 as Trump threatens Fed independence - CNBC--4.21.25
Gold prices hit another record high after President Donald Trump's threats against the Federal Reserve's independence. Gold has been on a tear this year as Trump's tariffs shake investor confidence while central banks buy up the precious metal.
Six reasons gold prices keep hitting record highs - Consumer Affairs--4.21.25
The dramatic rise in gold prices is largely driven by escalating U.S.- China trade tensions, including new tariffs and retaliatory actions. A weakening U.S. dollar- now at a three-year low- has also amplified gold's appeal by increasing its relative value.
After surge to record highs, gold overtakes 'Magnificent 7' as the most crowded trade on Wall Street - Yahoo! Finance--4.16.25
Gold has surpassed the "Magnificent Seven" tech stocks as the most crowded trade on Wall Street as the metal surges to record highs. Gold prices have surged more than 27% year to date, while the Magnificent Seven tech stocks are down considerably.
Gold climbs to new heights above $3,300 an ounce, up 26% year to date - Market Watch--4.16.25
Gold futures climbed to a fresh intraday record high on Wednesday with the strength of the precious metal "directly tied to renewed weakness in the U.S. dollar index" according to one expert. Gold's trend is likely to remain bullish through Q3 2025 based on expectations for U.S. GDP growth to decelerate.
