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Gold hits record high amid concerns of Trump tariffs
Gold Hits Record High as Trump Tariff Threats Aid Haven Demand
Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada.Bullion briefly topped $2,800 an ounce for the first time ever on Friday after jumping 1.
Gold hits all-time high as tariff uncertainty sparks safe-haven rush
Gold prices scaled an all-time high on Friday, briefly touching the $2,800 mark, as market participants rushed to the safe-haven asset after U.S. president Donald trump reiterated his tariff threats.
Gold Reaches New Record Highs as Trump Reiterates Threat of Tariffs
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider the possible influence of American politics. Both it and the dollar remained strong this week as the Federal Reserve (‘the Fed’) held rates and the European Central Bank (‘the ECB’) cut as expected.
2d
Gold Price Analysis: Bullish Bias Amid Tariff Uncertainty And FOMC
The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market ...
5h
UK gold shortage as £66bn moved out of London
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost ...
10h
Asia stocks ease; dollar, gold firms as tariff threat lingers
Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively ...
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