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”.
The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market ...
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 ...
Gold futures were up sharply on Thursday, with prices touching a record intraday high of $2,840.50 an ounce on Comex, with uncertainty surrounding President Donald Trump's tariff threats contributing ...
The price rally was marked by a double increase within the day. Initially, rates climbed by Rs1,600 per tola, reaching ...
Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively ...
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