• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Commodities

Gold hits record high of $3,200 amid U.S.-China trade war 

Israel Ojoko by Israel Ojoko
April 11, 2025
in Commodities, Markets
Gold
Share on FacebookShare on TwitterShare on Linkedin

Gold has reached a historic milestone, soaring to a record high of $3,200 per ounce, delivering exceptional returns to investors amid the global trade war between the U.S and China.

This remarkable surge reflects the increasing appetite for safe-haven assets in times of economic uncertainty, reinforcing gold’s status as a reliable hedge against inflation.

Since the beginning of the year, gold prices have risen over 20%, fueled by robust buying from foreign central banks.

RelatedStories

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025

The combination of a weakening dollar and escalating fears surrounding the trade war has further amplified demand for this precious metal.

Financial analyst Axel Adler Jr. predicts that gold prices could climb even higher if trade tensions continue to escalate.

Bitcoin price also increasing 

While gold dominates headlines, Bitcoin—dubbed “digital gold“—has also shown remarkable growth.

  • Over the past year, Bitcoin has surged by 16%, maintaining its reputation as an alternative asset for hedging against economic instability.
  • Currently trading at around $81,910, Bitcoin has rebounded by 10% since April 9, following U.S. President Donald Trump’s announcement of a 90-day tariff pause, which excluded tariffs on China.

Despite this recovery, Bitcoin remains below its all-time high of $109,000.

U.S.-China trade war 

China, a major player in the ongoing trade war, has raised tariffs on U.S. goods to a record 125%, a move that indicates the seriousness of the economic standoff.

  • According to the Chinese government, the tariff hike adheres to its Customs Law, Tariff Law, and Foreign Trade Law, while accusing the U.S. of engaging in “unilateral bullying” and violating global trade norms.
  • China has indicated that it will not respond to further tariff increases from the U.S., arguing that American goods are already uncompetitive in the Chinese market.

This prolonged dispute between the U.S. and China has heavily impacted key sectors such as agriculture, technology, and energy.

What you should know 

Economists caution that the latest tariff hike could disrupt global supply chains, elevate prices, and exacerbate inflationary pressures in both nations.

  • The trade war has also had indirect effects on the cryptocurrency market, as Bitcoin miners face rising costs for mining equipment due to the tensions.
  • Analysts warn investors to closely monitor developments in this economic standoff, as a lack of resolution could lead to broader repercussions on the global economy.

With gold at record highs and Bitcoin gaining traction, the world watches closely to see how this trade war will unfold—whether it leads to de-escalation or further deepens the divide between two of the world’s largest economic powerhouses.


Follow us for Breaking News and Market Intelligence.
Israel Ojoko

Israel Ojoko

Israel Ojoko is a dynamic journalist renowned for his in-depth coverage and insightful analysis on a diverse range of topics. With a keen eye for detail and a passion for storytelling, Israel has penned impactful articles on the economy, political developments, fintech, and cybersecurity, among many others. His dedication to uncovering the multifaceted narratives has established him as a trusted voice and influential figure in contemporary journalism.

Related Posts

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  
Business News

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 
Energy

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
LASG gives 4-day relocation deadline to squatters in Lagos coastal road, Lekki 
Business News

Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

July 9, 2025
DLM Capital’s sovereign-Backed Composite Notes promise high Returns with low risk – Sonnie Ayere  
Companies

DLM Capital’s sovereign-Backed Composite Notes promise high Returns with low risk – Sonnie Ayere  

July 9, 2025
FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure 
Crime and Insecurity

FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure 

July 9, 2025
Africa Film Finance Forum eyes $20 billion Pan-African film economy 
Business News

Africa Film Finance Forum eyes $20 billion Pan-African film economy 

July 9, 2025
Next Post
Federal High Court, REA

Court orders Abba Kyari, others to enter defence over alleged 17.55kg cocaine deal 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document
  • Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC
  • Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

Follow us on social media:

Recent News

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics