Business

Gold Prices Drop Amid Trump’s New Tariffs

Gold prices globally saw a decline early Friday, reacting to President Donald Trump’s announcement of sweeping global tariffs. Below is a detailed table summarizing the current gold prices and their performance over various timeframes.

Gold Price Summary

MetricPrice/ChangePercentage Change
Gold Price per Ounce3,079.16(−23.86)-0.77%
Gold Price per Gram99(−0.76)-0.77%
Gold Price per Kilo98,997.22 (−767.12)-0.77%

Gold Price Performance (USD)

TimeframeChange (Amount)Percentage Change
Today-$23.86-0.77%
30 Days+$182.83+6.26%
6 Months+$459.72+17.39%
1 Year+$775.32+33.31%
5 Years+$1,469.32+89.94%
20 Years+$2,678.63+631.17%

April 4th, 2025, 04:45:35 AM NY Time

Impact of President Trump’s Tariffs

The recent drop in gold prices reflects market uncertainty following President Trump’s new tariff policies. While gold is typically considered a safe-haven asset, the immediate reaction highlights shifting investor sentiment amid global trade tensions.

Although gold prices have dipped in the short term, the metal remains a strong performer over the long term. The current dip may offer buying opportunities for investors seeking to capitalize on lower prices.

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share

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