On the recent global economic stage, US President Trump's tariff policy has caused a big storm, which directly led to a sudden turn in market sentiment, a sharp drop in global stock markets, and many investors began to feel the pressure of economic downturn. It is in this context that precious metals, especially gold, still show stable characteristics and attract the attention of many investors.
Trump's tariff policy not only exceeded market expectations, but also made many economies around the world feel tense. The two executive orders on "reciprocal tariffs" signed by Trump in the White House declared that a "minimum benchmark tariff" of 10% would be established for multiple trading partners, and the tariff on China would reach 34%. This measure not only caused the market's concerns about economic recession to rise rapidly, but also triggered a general decline in the capital market and a sudden contraction of liquidity. Under such circumstances, the attribute of gold as a safe-haven asset has once again been recognized by the market. Although it has also experienced a small correction, the decline of other precious metals such as silver is more obvious in comparison, showing the unique charm of gold in the current market environment.
From historical data, in the early stages of an economic crisis, the prices of gold and silver tend to decline to a certain extent, especially silver, whose decline is usually higher than that of gold. However, as the crisis evolves and market sentiment gradually stabilizes, precious metals tend to rebound. In the face of the current global conflict and increasing uncertainty, the investment value of gold has become more prominent, and for those seeking safe investment, gold is still a trustworthy choice.
Data shows that as of April 4, 2025, the holdings of SPDR Gold ETF have increased, while the holdings of Silver ETF have decreased. Such changes in holdings show that the market demand for gold is still rising, while the interest in silver has weakened. This dynamic reflects the willingness of investors to choose gold as a hedge tool in turbulent situations. This is not only a recognition of the value of gold itself, but also a response to the current market situation.
In terms of operating strategy, it is currently recommended to wait and see in the short term and make long-term layouts after the market stabilizes. If the market shows signs of stabilization in the next period of time, investors can consider adding positions at the right time to seize the opportunity of the rally. Despite facing many uncertainties, gold still shows strong resilience and investment value in this economic game, which is worthy of attention and expectation.
