Dollar decline: Gold prices surge to record high as dollar loses momentum
Korea JoongAng Daily

Home > Business > Finance

print dictionary print

Dollar decline: Gold prices surge to record high as dollar loses momentum

Published: 14 Apr. 2025, 18:33
An employee organizes gold products at Korea Gold Exchange in Jongno District, central Seoul, on April 14. [NEWS1]

An employee organizes gold products at Korea Gold Exchange in Jongno District, central Seoul, on April 14. [NEWS1]

As demand for safer assets grows due to U.S. President Donald Trump’s tariff policies and a weakening dollar, international gold prices have once again hit a record high, climbing above $3,200 per ounce on April 14. An employee organizes gold products at Korea Gold Exchange in Jongno District, central Seoul, on the same day.
 
 
tags gold

More in Finance

Lender limbo: Surge in self-employed borrowers classified as credit risk

Korea's four major financial groups post record Q1 profits. But nobody's celebrating.

Kospi finishes nearly 1% higher after first round of Korea-U.S. tariff talks

MBK had prior knowledge of credit downgrade on Homeplus, regulator finds

Kospi closes lower as investors await result of tariff talks

Related Stories

Doesn’t always glitter

Gold rush

Gold rush

As gold price climbs, Koreans hit pawn shops with scrap and trinkets

Gold rush underway as Koreans seek safety, and a bargain
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)