Story perspectives
Gold Prices Plummet Amid Tariffs and Strong Job Growth
4/4/2025
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Story summary
- Gold prices dropped nearly 2% to $3,053.98 per ounce due to market sell-offs and China's 34% tariff on U.S. goods.
- U.S. non-farm payrolls increased by 228,000 in March, surpassing forecasts.
- Federal Reserve Chair Jerome Powell's upcoming speech is expected to impact market sentiment.
- Silver, platinum, and palladium also saw notable price declines.
