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15 Mar 2025 18:41
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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
     14 Mar: Regional economies in the south are continuing their winning streak
     14 Mar: A major airfield safety project has been completed at Queenstown Airport - within schedule, and on budget
     Top Stories

    RUGBY RUGBY
    The Crusaders have posted a big 55-33 Super Rugby Pacific win over the Western Force in Christchurch More...

    BUSINESS BUSINESS
    Sir Russell Coutts is hopeful Auckland will become an annual fixture on the SailGP calendar with talks of a six-year deal on teh cards More...


     Today's News

    		 Rugby:
    The Crusaders have posted a big 55-33 Super Rugby Pacific win over the Western Force in Christchurch 18:37

     Rugby:
    The Blues have been forced into a late reshuffle for tonight's crucial Super Rugby Pacific clash against the Chiefs 18:37

     Entertainment:
    Benson Boone thinks he would "die" if he ever tried drugs or alcohol 18:35

     Rugby:
    The Blues have promised to attack for the full 80 minutes against the Chiefs in Hamilton tonight 18:07

     Entertainment:
    Kevin Hart simply wants his children to be "happy" 18:05

     Politics:
    Iraq and Donald Trump announce killing of senior ISIS leader in attack by coalition forces 17:57

     Business:
    Sir Russell Coutts is hopeful Auckland will become an annual fixture on the SailGP calendar with talks of a six-year deal on teh cards 17:37

     Entertainment:
    Jack Quaid has admitted filming the final season of 'The Boys' is "bittersweet 17:35

     International:
    Russian captain involved in North Sea cargo ship crash charged with manslaughter and gross negligence 17:27

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

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