Gold Makes New All-time High As Trump’s Actions Weaken the US Dollar

The April gold futures contract on the New York Mercantile Exchange exploded by 2.7% today, closing at $2,845.20 per troy ounce. Earlier, it even touched an intraday high of $2,853.20, which is an all-time high.

The metal’s volatility has been all over the place lately—gold tanked by 1.4% on Monday as tech stocks crashed, but it’s been clawing its way back ever since.

America’s Q4 2024 didn’t deliver the economic growth Wall Street hoped for because, per PCE data released on Jan. 30, GDP growt