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15 Mar 2025 21:08
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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

    		 Entertainment:
    Meghan, Duchess of Sussex, has revealed one of the most memorable Christmas gifts she ever got from her mother during an episode of her new lifestyle series 'With Love, Meghan' 21:05

     Entertainment:
    Meghan, Duchess of Sussex is launching a new podcast 20:35

     Entertainment:
    Nikki Glaser will return as host for the 2026 Golden Globe Awards 20:05

     Entertainment:
    The Prince and Princess of Wales will attend the Six Nations rugby tournament at the weekend 19:35

     Entertainment:
    Olivia Culpo "couldn't work out" for the first four months of her pregnancy 19:05

     Motoring:
    A car fire on SH20, Auckland's south-western motorway, has led to the northbound lane being closed 18:57

     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

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