Gold hits record high as Trump tariff worries mount
Gold prices hit a record high on Friday and were set for a fifth consecutive weekly gain, as investors flocked to the safe-haven metal due to heightened U.S. tariff concerns, while awaiting a key inflation report due later in the day for further direction.
Navigating the Gold Rush: Trump's Tariffs Set Stage for Record Prices
Investors turned more bullish on gold as President Trump was signing the various Executive Orders that would begin enacting his aggressive policies. As a result, the SPDR Gold Shares ran through the top of its range at $250, initiating what is referred to as a “Volatility Rally”.
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one ...
US President Donald Trump reiterated his threat of imposing 100% tariffs on BRICS nations if they try to replace the US Dollar with a new currency in international trade.
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US President Donald Trump warned Brics nations against trying to move away from US dollar, threatening to impose a 100 per ...
Gold prices slipped on Wednesday as the dollar and bond yields rose after the U.S. Federal Reserve held interest rates steady ...
AUD/USD stays defensive near 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the latest ...
U.S. President Donald Trump on Thursday said he would likely decide by the end of the day whether to put a 25% tariff on imports of Mexican and Canadian oil that would take effect on Feb 1. "We may or ...
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