Gold hits record, stocks slip as Trump fuels Fed fears

Legit | 22-04-2025 03:06pm |

Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo against Federal Reserve boss Jerome Powell added fuel to fears about the central bank's independence. The rush for safety saw gold hit yet another record above $3,457, and while the dollar steadied after the previous day's selloff, it remained under pressure against its major peers.

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