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$Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Early Tuesday (22 April) Asian market, spot gold continued to surge, once refresh the historical high to 3444.26 U.S. dollars.
Gold prices jumped nearly 3 per cent on Monday, rising above $3,400, hitting a high of $3,430.43 and closing at $3,424.95, with safe-haven demand fuelled by a weaker dollar and uncertainty over the economic impact of international trade tensions.
The dollar fell to its lowest level in three years as President Trump's comments on Federal Reserve Chairman Jerome Powell dealt another blow to investor confidence in the U.S. economy.
The dollar index fell 0.89 per cent to close at 98.35 on Monday, after hitting a low of 97.93, a new low since 31 March 2022, during the session.
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