Consumer

Gold prices surge to now record high

Published April 23, 2025 8:57 AM

(CNN, KYMA/KECY) - The price of gold has jumped to a record high on Tuesday.

Gold surged to a new record of just over $3,500 per troy ounce at one point.

According to retentive data, gold has risen over 31% so far this year.

It is considered a safer financial bet amid economic uncertainty.

The rising gold prices comes as concerns about the President Donald Trump's intention to oust Federal Reserve Chair Jerome Powell weighs in on investors.

Trump has lambasted the federal chief on not lowering interest rates.

Article Topic Follows: Consumer

Jump to comments ↓

Jalen Fong

Jalen joined KYMA in 2022 and is a morning anchor/producer. Send your story ideas to him at: jalen.fong@kecytv.com

CNN Newsource

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.