In this uncertain economy, gold shines

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 25 April 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

The stock and bond markets may tumultuous right now, but gold prices have been on a tear. This week, they hit an all time high of $3,500 an ounce. In this episode, why nervous consumers, investment firms and even central banks are trading in cash for gold. Plus: The Trump administration announces incentives to get self-driving cars on the road and the largest passenger ship in the U.S. prepares to be sunk for science.

Transcript

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0:00.0	If you've shopped online, chances are you've bought from a business powered by Shopify.
0:05.6	You know that purple shop pay button you see at checkout?
0:08.4	The one that makes buying so incredibly easy?
0:11.1	That's Shopify.
0:12.1	And there's a reason so many businesses sell with it,
0:15.0	because Shopify makes it incredibly easy to start and run your own business.
0:19.8	Shopify is the commerce platform behind millions of
0:22.2	businesses around the world, from household names like Mattel and Jimshark to brands just getting
0:26.8	started. If you want to see less carts being abandoned, it's time for you to head over to Shopify.
0:32.8	Sign up for a one pound per month trial and start selling today at Shopify.co.com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:47.1	Tell you what, we are going to beat the rush on all those first 100 days stories.
0:52.5	Where does this economy stand on this Friday, day 95?
0:57.3	From American Public Media, this is Marketplace.
1:05.5	In Los Angeles, I'm Kyle Rizdahl. It is Friday, today the 25th of April. Good as always to have you along, everybody. Day 95, it is a hair over three months. On with it. We are going to get Cedebreddies at Politico. Catherine Rampel is at the Washington Post. Hey, you two.
1:26.4	Hey, Kai.
1:26.8	Hey, Kai. Catherine, you get to go first on this no-notice question. Where does this economy stand on day 95?
1:34.9	Teetering on the brink, I guess. If you look at the hard data so far, things look okay, like consumer spending and things like that. But then you look at how
1:47.4	people feel about the economy, what their plans are for the economy, whether businesses say that
1:51.6	they can invest in this economy, and it's a much uglier picture. Shedeep, same question.
	...

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