Subject: Gold Weekly Markets Monitor – 23 April 2025 – Exclusive Insights on the Gold Market by World Gold Council
Dear Member of the Press,
We’re pleased to share the latest edition of the Weekly Markets Monitor (WMM), an exclusive insights report from the World Gold Council (WGC), curated by WGC analysts and executives. The WMM offers weekly in-depth analysis of gold market trends, macroeconomic shifts, and key financial indicators.
Please find attached the latest report for your reference. Below are the key highlights from this week’s report:
Highlights: The Easter gold surge
- Gold has rallied to test next key technical resistance at US$3,350/oz. Investor confidence in US assets weakened further on fears Trump might fire Fed Chair Powell: the dollar plunged early Monday, sending gold to another record high.
- Tariff uncertainty continued to weigh on global markets last week.
- Weak US data and new chip export restrictions on China added to concerns. Growth worries drove ECB rate cuts while China’s economy showed resilience in Q1.
- Global equities ended mixed as investors tracked trade talks. The S&P 500 and Nasdaq dropped while the US 10-year Treasury yield fell. The dollar index dipped below 100 amid reducing confidence in US assets. Oil prices rose on supply fears.
- Another nervous week awaits with Powell purge fears front and centre, Japan trade talks continuing and China standing firm.
Total Quality PR (Thailand), on behalf of the World Gold Council, values your feedback and looks forward to hearing your thoughts. If you have any questions or require further information, please contact TQPR Thailand at nong@tqpr.com, 090 907 9920, or joy@tqpr.com, 090 907 9921.
Best Regards,
Total Quality PR (Thailand)