The Federal Open Market Committee (FOMC) did not release meeting minutes or make significant announcements on April 9, 2025. Therefore, there was no direct impact from the FOMC on gold prices (XAU/USD) on that date. However, gold prices experienced notable movement due to escalating trade tensions between the United States and China.U.S. Tariffs Implementation: The United States imposed tariffs of up to 104% on Chinese imports, intensifying trade tensions. In retaliation, China accused the U.S. of economic coercion and pledged to resist the measures.
The Economic Times
Gold Price Reaction: In response to these developments, gold prices surged by 1%, reaching $3,010.39 per ounce. The heightened trade tensions and resulting economic uncertainty prompted investors to seek safe-haven assets like gold.
U.S. Dollar and Bond Yields: The U.S. dollar weakened amid the tariff announcements, further supporting gold prices. However, rising U.S. bond yields limited gold's gains to some extent
The Economic Times
Gold Price Reaction: In response to these developments, gold prices surged by 1%, reaching $3,010.39 per ounce. The heightened trade tensions and resulting economic uncertainty prompted investors to seek safe-haven assets like gold.
U.S. Dollar and Bond Yields: The U.S. dollar weakened amid the tariff announcements, further supporting gold prices. However, rising U.S. bond yields limited gold's gains to some extent
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.