Gold steadies after hitting all-time high

Quick Summary:

Gold prices took a breather on Thursday after surging to yet another all-time high after US President Donald Trump’s announcement of sweeping import tariffs drove investors to the safe-haven asset.

The differential created an incentive for banks and traders to load planes and ships with so much bullion that it distorted US trade data in the process.

A staff member counts money at the Hua Seng Heng gold shop in the Yaowarat neighbourhood of Bangkok.

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Article Details

Category: EconomyBusiness

Markets: ThailandGreenlandUnited States

Topics: Months Announcement Precious Thursday Baht Tariffs Prices Created Gold Metals Traders

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 16:52:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 514 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27561306

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 3 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 7 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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