Gold Steadies as Investors Fret Over the Global Economic Outlook
Gold steadied near $2,910 an ounce after gaining almost 2% last week, driven by investor anxiety about the disruption caused by the Trump administration's trade policies and signs of sustained central-bank buying. The precious metal has surged in the opening quarter of 2025, hitting successive records and gaining every week apart from one, as investors seek safe-haven assets amid rising economic uncertainties. Bullion-backed exchange-traded funds have been attracting inflows for the past six weeks to reach the highest level since December 2023.
- The rising concerns about global economic uncertainty are having a profound impact on traditional asset classes like stocks and bonds, forcing investors to seek alternative havens in gold.
- What role will the Federal Reserve play in shaping the trajectory of gold prices over the next few months, particularly as it prepares to announce its next policy decision later this month?