Gold - Overview as of 28.03.2025

Financial and commodity markets analytics


Gold prices hit an all-time high on Friday after the Donald Trump's administration's new tariff plans raised fears of an escalating global trade war, prompting investors to seek protection in the precious metal. The spot price of gold climbed above $3070. Since the beginning of the week, gold is up 1.7%, continuing a streak of four weeks of gains. As we wrote earlier, there are no resistance zones on the market from the technical point of view. from a technical point of view, there are no resistance zones in the market. Traders and investors continue to follow the development of the situation around the US tariff policy.