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15 Mar 2025 17:24
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      Home > News > Business

    Amid widespread economic turmoil, the price of gold has soared to levels never seen before

    Amid widespread economic turmoil, the price of gold has soared to levels never seen before


    Gold futures surpassed the US$3000 per troy ounce for the first time this week. The price to buy gold on the spot market in New York is following closely behind.

    Interest in buying gold can rise sharply in times of uncertainty, as anxious investors seek safe havens for their money.

    Gold prices are spiking higher now as US President Donald Trump's tariff policies have kicked off an international trade war that has upset

    financial markets and threatened to reignite inflation.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     14 Mar: The Electricity Authority's making urgent changes, ahead of the winter energy price spike
     14 Mar: A sociologist isn't worried about net migration inching closer to zero
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     14 Mar: A major airfield safety project has been completed at Queenstown Airport - within schedule, and on budget
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     Today's News

    		 Entertainment:
    Pamela Bach-Hasselhoff's eldest daughter would "do anything in the world" to hug her again 17:05

     Politics:
    Iraq and Donald Trump announce killing of senior ISIS leader in attack by coalition forces 16:57

     Business:
    Auckland could become one of the cornerstones of the SailGP calendar, with the league discussing a six-year agreement to run events in the City of Sails 16:57

     Motorsports:
    Liam Lawson's struggles at the Australian Grand Prix have gone from bad to worse 16:37

     International:
    Russian captain involved in North Sea cargo ship crash charged with manslaughter and gross negligence 16:37

     Entertainment:
    Billy Joel is "totally healthy", Christie Brinkley's daughter has insisted 16:35

     Accident and Emergency:
    A person has died following a two-vehicle crash involving a motorbike in Otago this morning 16:27

     Motoring:
    How the Brabham-Repco team ended years of European dominance in Formula 1 16:27

     Entertainment:
    Kanye West could make children as young as five shave their heads for his Sunday Service choir 16:05

     Entertainment:
    Alec Baldwin found it much harder "being himself" on his reality show than acting on set 15:35

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