#GOLD_UPDATE #GOLD #XAUUSD

On April 8, 2025, gold prices rebounded to approximately $3,000 per ounce, recovering from a multi-week low. This uptick is attributed to renewed investor concerns over escalating global trade tensions, particularly between the United States and China, which have heightened fears of a prolonged trade war and potential global recession. As a result, investors are turning to gold as a safe-haven asset amid market volatility. Technical analysis suggests that maintaining support above the $3,000 level is crucial for sustaining this upward momentum.