Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver  Invest in Silver Now  arrow small top right
close
register icon

Safe Haven Rush: Gold Breaks $3,200 Barrier Amid Tariff Chaos

Gold prices reached an unprecedented high exceeding $3,200 an ounce, climbing as much as 1.9% to $3,237.89 on Friday and continuing a weekly increase of about 6%. This surge highlights gold’s status as a financial safe haven during economic uncertainty.

The primary driver has been President Trump’s inconsistent tariff policies, which have triggered significant selloffs across US stocks, bonds, and the dollar markets as recession fears spread. Despite announcing a 90-day pause on tariff increases for most trading partners, duties on all Chinese imports remain at least 145%.

China responded by raising tariffs on US goods to 125% while dismissing the US administration’s actions as a “joke” not worth matching. Market experts, including Shanghai-based precious metal researcher Liu Yuxuan, view gold as “the best place to be” in the current market environment. The intense trade tensions have undermined confidence in the US dollar and increased demand for alternative safe assets.

Adding to gold’s momentum are substantial central bank purchases and expectations for Federal Reserve monetary easing. Recent US data showing cooling inflation has led traders to anticipate three to four interest rate cuts through the remainder of the year, which typically benefits gold as it doesn’t pay interest.

Latest News

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.