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Gold and Swiss franc rise as investors seek safe havens.

GoldenOctober2024

2025-04-11 02:21:50

TRUMP-3,8%

Jin10 data reported on April 11, as Trump’s tariff threats have triggered a rise in global uncertainty, investors have turned to safe-haven assets, and gold prices have once again reached a historic high, with the Swiss franc soaring. On Friday morning in Asia, gold prices refreshed their historical high to over $3120. Due to concerns over a potential economic recession, the US stock market and US Treasury bonds experienced widespread dumping, while another safe-haven asset, the Swiss franc, soared against the US dollar by 1.2%, reaching 0.814, the highest level since August 2011.

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