Today (4 April 2025), the website "Hua Seng Heng" analyzed the overall movement in the past. The price of Spot gold yesterday moved very volatilely and dropped below $3,100 during the night. The market closed down $21 because investors sold to make profits after adjusting up to an all-time high of $3,167, giving a return of 20.7%. The intense global trade war caused gold buying power to return and the price of gold returned to above $3,100 amidst the US stock market falling sharply by almost 4%, with Trump announcing on 2 April that he would impose a 10% import tax.
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