Gold Prices Rise Amid Global Trade Uncertainty

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Apr 21, 2025

Gold prices increased in the Asian market, driven by potential safe-haven demand due to global trade uncertainties. Spot gold rose by 0.6%, reaching $3,347.33 per ounce. The lack of a clear timeline for trade negotiations continues to keep investors cautious. The recent interest rate cut by the European Central Bank may enhance the appeal of gold in a low-yield environment. Investors are likely focusing on U.S. macroeconomic data and any new developments in trade discussions.

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