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The Guardian // Business // Markets

Gold climbs above $3,500 for first time as Wall Street rallies after slide

Tuesday 22nd April 2025, 9:26PM

Dollar also recovers after Monday’s sell-off prompted by Donald Trump’s attack on Federal Reserve chair Gold has climbed above $3,500 an ounce for the first time while stocks on Wall Street and the dollar rose following Monday’s sell-off prompted by Donald Trump’s blistering attack on the Federal Reserve chair, Jerome Powell.Spot gold reached the record price of $3,500.01 (£2,620) on Tuesday, extending a rally that has pushed bullion up from $2,623 an ounce at the start of this year. Continue reading...

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