As global geopolitical tensions intensify and Trump’s tariff policy continues to advance, risk aversion in the gold market continues to heat up, and the price of COMEX gold futures climbed to $3,177 per ounce on April 1, 2025, setting a record high. At the same time, the attractiveness of gold as a safe-haven asset has further increased, and the market demand for gold has surged, pushing gold prices higher.

On April 2, 2025, the Trump administration will officially launch the “Global Equal Tariffs” plan, imposing a 25% tariff on imported cars and planning to implement comprehensive tariffs on all trade deficit countries. This policy has already caused a huge uproar in the global financial markets, with the US dollar index falling 0.3% to 104.12 today. Although spot gold closed slightly down 0.02% to $3110.95 per ounce, it briefly hit a historical high of $3148 during trading. The market’s concerns about the stability of the US dollar system have intensified, and behind the Trump administration’s “selective blindness” lies deeper strategic considerations.

On March 26th local time, there was a sudden change in the situation at the White House. US President Trump signed an executive order announcing the imposition of a 25% tariff on all imported cars. This policy will officially take effect on April 2nd and will be implemented from April 3rd onwards. As soon as the news came out, the global financial market and automotive industry shook, and the gold market also rippled.