Gold prices saw another strong rally Monday, with prices continuing their run to record highs, but analysts warned that prices may soon see a pullback, despite uncertainty surrounding U.S. tariffs set for April 2 that has been supportive for the safe-haven asset.
April 1, 2025
Prices that are now well above $3,000 an ounce may trigger some profit-taking, said Fawad Razaqzada, market analyst City Index and FOREX.com. "While dip buyers are lurking, a rug pull is becoming increasingly likely at these levels."
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