Gold News

Gold prices rose more than 1% on Thursday as investors turned to safe-haven assets following another round of trade tensions between the US and China.

MarketGauge analyst Michelle Schneider advises investors to exercise caution before buying gold or silver, given the current heightened economic uncertainty. Despite silver's recent rebound, Schneider warns against making hasty investment decisions.

According to the World Gold Council (WGC), gold exchange-traded funds (ETFs) recorded their biggest inflows for a first quarter in three years during the initial three months of 2025.

Gold prices rose by 0.6% on Wednesday, supported by increased investor demand for safe-haven assets amid escalating global trade tensions.

Bloomberg reports that escalating US-China trade tensions are driving Chinese investors toward gold, resulting in record inflows into gold-backed ETFs. Last week alone saw $1 billion in inflows, with the trend continuing this week.

Analysts compare the current surge in gold prices to the turbulent period of the 1980s, when political and economic instability caused a similar rise in the precious metal's price, Reuters reports. However, some see gold's current rally as more sustainable.

Ongoing selling pressure in US equity markets continues to weigh on gold prices as traders liquidate positions to raise capital. Standard Chartered analysts forecast gold prices to average approximately $3,300 per ounce in the second quarter of this year.

Goldman Sachs analysts believe that the recent decline in gold prices offers excellent opportunities for investors. The experts see the sell-off in the precious metal as a chance to enter the market with a long position.

Gold prices climbed 0.5% on Tuesday, bouncing off a nearly four-week low hit in the previous session. Growing concerns over global tensions between the United States and its major trading allies have significantly increased investor demand for safe-haven assets.

Donald Trump's import tariffs continue to shock global markets. The US President's aggressive trade policy has pushed silver prices down to a 5-year low against gold.