Gold price hits record high as dollar crashes

Gold reached a record above $3,171 an ounce as US dollar tumbled on renewed tariff fears

Last updated: April 10, 2025 | 20:44

1 MIN READ

Falling US currency makes the precious metal more attractive to holders of some rival currencies.

Gulf News Archive

The price of gold, seen as an investment haven, struck a record high Thursday as the dollar tumbled on renewed fears over fallout from US President Donald Trump's tariffs.

Gold reached a record above $3,171 an ounce, as a falling US currency makes the precious metal more attractive to holders of some rival currencies.

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