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Gold Prices Retreat from Record Highs as Trade Tensions Ease

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Gold prices fell this week after hitting record highs earlier this month, driven by easing global trade tensions and a shift in investor sentiment toward riskier assets. By Friday, April 25, 2025, gold closed at $3,318.47 per ounce, down $16.18 or approximately -0.49% from the start of the week.

Weekly Price Summary (April 21–25, 2025)

  • Monday, April 21: Opened around $3,334.65/oz.
  • Midweek: Prices dipped following positive news on U.S.-China trade discussions.
  • Friday, April 25: Closed at $3,318.47/oz.

The decline was modest, considering gold’s rally in recent weeks amid global uncertainties. Despite the pullback, gold prices remain historically high.

Price Snapshot (April 26, 2025, NY Time)

MetricPrice (USD)Change
Gold Price per Ounce$3,318.47-16.18
Gold Price per Gram$106.69-0.52
Gold Price per Kilogram$106,691.21-519.88

Gold Price Performance Overview

Gold has posted strong gains over the past year despite this week’s decline:

Time PeriodChange (USD)% Change
Today-16.18-0.49%
30 Days+284.74+9.34%
6 Months+591.77+21.57%
1 Year+997.94+42.71%
5 Years+1,625.29+95.08%
20 Years+2,898.90+665.27%

Key Factors Behind This Week’s Pullback

  • Easing Trade Tensions: The resumption of dialogue between the U.S. and China boosted equity markets and weakened demand for safe-haven assets.
  • Stable Treasury Yields: With bond yields steady, the opportunity cost of holding non-yielding gold increased.
  • Improved Risk Appetite: Investors moved back into equities as recession fears moderated slightly.

Despite this week’s decline, gold’s longer-term trajectory remains bullish, supported by lingering geopolitical uncertainties and potential economic volatility.

“While short-term corrections are healthy, the underlying global risks continue to support gold as a strategic asset,” noted analysts at GoldPrice.org.

Market Outlook

Analysts believe gold could stay range-bound in the near term, with support levels around $3,280/oz and resistance near $3,350/oz, depending on upcoming U.S. economic data and geopolitical developments.

Continued volatility across global markets could spark renewed buying interest in gold, keeping it a favored asset for risk-averse investors.

Note: All data and tables are sourced from GoldPrice.org.

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