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Gold surges to new record high after Trump's repeated attacks on US Fed chief | CNN Business

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The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump's intention to oust Federal Reserve Chair Jerome Powell weighed on investors.
The article from CNN, dated April 22, 2025, discusses the significant surge in gold prices, reaching an all-time high, amid heightened geopolitical tensions and economic uncertainty. This surge is attributed to investors seeking safe-haven assets due to former President Donald Trump's ongoing attacks on Federal Reserve Chairman Jerome Powell, which have unsettled financial markets. Trump's criticisms, coupled with his hints at potential policy changes if re-elected, have led to increased volatility in stock markets globally. Analysts suggest that the uncertainty surrounding U.S. monetary policy and the potential for further political instability are driving investors towards gold, as they perceive it as a more stable investment during turbulent times.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/22/business/gold-price-surge-trump-powell-attacks-stocks-hnk-intl/index.html ]