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Gold's $3,300 Victory Lap Makes Dollar Break Into Cold Sweat

Reading time: 1 min • Apr 24, 2025, 04:36 AM (UTC)

Key Points

  • Gold prices are surging in 2025 amidst US-China trade tensio...

Who knew watching gold prices would become more entertaining than streaming your favorite show? As US-China trade talks turn into a diplomatic game of hot potato and the US economy shows signs of catching a mild fever, gold is having its "I told you so" moment in 2025.

Glitter and Grumble

Treasury Secretary Scott Bessent's April 24 comments about US-China relations staying as smooth as sandpaper have sent investors rushing to gold faster than bargain hunters at a clearance sale. After a brief stumble to $3,260, gold bounced back with the resilience of a rubber band, while the US dollar cont...

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