Gold hits record, dollar drops as tariff fears dampen sentiment

Energy Daily

Published

Hong Kong (AFP) April 21, 2025

Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve. With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the release of key data that should give an insight into the impact of the US president's trade war.

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