11:20 - 11.04.2025

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April 11, Fineko/abc.az. Gold prices rose to an all-time high in Asian trading on Friday, continuing their recent gains as demand for safe haven assets remains high due to heightened concerns about a fierce trade war between the U.S. and China.

ABC.AZ informs that gold showed impressive growth this week, outperforming all other metals, as investors actively invested in gold and the yen as defensive assets.

The collapse in U.S. Treasury bond prices has reinforced this trend, even despite the sharp rise in yields.

The spot price of gold jumped more than 1% to a record high of $3,214.20 per ounce, while gold futures with expiration in June soared 1.2% to $3,215.69 per ounce by 10:07 a.m. on Baku time.