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Gold surges past US$3,200 as recession anxiety mounts

The Straits Times

|

April 12, 2025

Gold jumped to a fresh record above US$3,200 an ounce as concerns about the impact of US tariffs on the global economy pushed investors to the safe haven.

Gold surges past US$3,200 as recession anxiety mounts

CANBERRA - Gold jumped to a fresh record above US$3,200 an ounce as concerns about the impact of US tariffs on the global economy pushed investors to the safe haven.

Spot gold jumped over 1 per cent to US$3,214.92 an ounce, as at 4.01pm in Singapore, after hitting a record high of US$3,219.84 earlier in the session. Bullion is up over 5 per cent so far this week.

MEER VERHALEN VAN The Straits Times

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