XAUUSD

Gold reached a record high of $3,350 per ounce in April 2025, renewing its historical peak once again. The reasons behind this extraordinary rally include trade tensions and economic uncertainty triggered by Trump's announcement of "reciprocal" tariffs, global central banks continuing to purchase gold at record levels, gold ETFs recording net inflows almost every week, and Bank of America's recommendation for "long gold positions," alongside investment banks raising their target prices. 42% of fund managers believe that gold will be the best-performing asset of 2025. Although there are risks that rapidly rising prices could slow down demand or that resolving trade tensions could diminish gold's appeal, many indicators suggest that this rally could continue. Technically, it is anticipated that buying at support levels during pullbacks may continue.