Gold soars above $3,500! Trump fiercely criticized the Fed Chairman for triggering a risk aversion trend, and his post mentioning "gold" sparked heated discussion

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ABMedia
04-22
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Influenced by U.S. President Trump's fierce criticism of Federal Reserve (Fed) Chairman Jerome Powell, the investment market became jittery, with funds quickly shifting towards safe-ens haven As a result, gold prices surged on Tuesday, reaching a historic high of $3,500 for the first time, becoming the market's focus.

Gold Breaks Market, Market Fully Shifts to Risk-Averse Mode

According to quotes, spot gold is at $3,469 per ounce, up %, briefly touching a high3,500..05. Meanwhile, U.S. gold futures also rose 2.3% to $3,502.40 per ounce.

Trump Again Demands immediately Lower Interest Span RatesMonday, Trump again pressured the Fed Reserve, reiterating his stance that rates should be lowered immediately that U.S. economy might face slowdown risks and criticized Powell for remaining passive before inflation and trade tariffs were clarified. These statements further shook market confidence and raised raised doubts about the Fed's independence.

, Enter Promo Code: ABMedia2025, enjoy discount on% Professional Version)Even Trump's seemingly incomprehensible statement sparked market discussion about gold. He said: The rule of negotiation and success is that whoever who has gold can make the rules.

Asian Stock Markets Fluctuate, U.S. Dollar Under Pressure

Trump's remarks not only triggered gold buying but also caused Asian stock markets to fluctuate. U.S. assets were quickly quickly sold weakening the U's.. Investors about.of U.S. fiscal and monetary, and risk-averse demand surged.

<> < h2>Gold Short--Term Rise? Technical Signal Warns<>

Despite bullish market sentiment, analysts warn investors to remain vigilant. WatErer: remarkable rise this month might see a technical pullback. but every pullback could attract new buying waves amid uncertain economic prospects."<<><>, Platinum, and Palladium Also Rise

Besides gold, other precious metals also generally rose. Spot silver up up 0.1.3% at $32.80 per ounce; platinum rose 1.1% to $972.20; palladium surged 2.2% to $948.14.

Safe-Haven Sentiment Not Recede, Gold>

Since the beginning of this, have risen by nearly 33%, becoming the biggest winner under global economic uncertainty uncertainty uncertainty. The tense relationship between Trump and the Federal Reserve, renewed trade conflicts, and market confusion about central bank policies have collectively drive gold to continue new As variables persist, gold may find it difficult to cool down in the short term.

Risk Warning

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