Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Trump, Xi Focus on Trade and AI at White House Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
China Agrees to Buy 20 Million Tons of U.S. Coal 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Add as a preferred source on Google
Gold prices surged to a record high on Tuesday as investor concerns over U.S. President Donald Trump’s upcoming reciprocal tariffs fueled fears of rising inflation and slowing economic growth. Spot gold climbed 0.6% to $3,142.83 per ounce by 0310 GMT, after reaching a historic peak of $3,145.38 earlier. U.S. gold futures also advanced, gaining 0.7% to $3,171.80.
The rally comes on the heels of gold's strongest quarterly performance since 1986, highlighting its appeal as a safe-haven asset during periods of economic and geopolitical uncertainty. Market sentiment has shifted toward defensive positioning ahead of Trump’s planned announcement of sweeping tariffs on April 2, dubbed “Liberation Day,” which will reportedly target all nations.
IG market strategist Yeap Jun Rong noted that while technical indicators suggest gold may be overbought in the short term, ongoing uncertainty could push prices toward the $3,200 level. The tariffs, particularly those targeting the automobile sector from April 3, are being closely watched by investors seeking to hedge against market volatility.
Gold’s momentum is further supported by the low-interest-rate environment, which reduces the opportunity cost of holding non-yielding assets like bullion. New York Fed President John Williams emphasized that maintaining current interest rates for now allows policymakers to assess incoming economic data before adjusting their stance.
Investors are also eyeing key U.S. labor data this week, including job openings, the ADP employment report, and Friday’s non-farm payrolls, which could influence the Federal Reserve’s future rate-cut decisions.
Meanwhile, silver edged up 0.2% to $34.13 per ounce, platinum remained steady at $992.70, and palladium rose 0.8% to $990.34, reflecting broad demand for precious metals amid global uncertainty.
