Gold Market Volatility Amid Trump’s Shifting Trade Tone

April 23, 2025, 11:20 pm

Gold prices swung wildly following a surprising, more conciliatory stance from the Trump administration. Following a steep ETF selloff that rattled investors, a rush of physical demand—especially from China—pushed the metal’s value higher. The market’s reaction, part confused and part opportunistic, highlights the unpredictable impact of rapid policy shifts.

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