Gold Steadies Near Record High as Traders Weigh Tariff Threats
Gold steadied near a record high, after investors flocked to safety when US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada.
Gold hits record 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.
Gold prices hit record high as Trump tariff concerns drive demand
Gold is considered a safe investment during geopolitical turmoil and thrives in a low interest rate environment
Trump tariff uncertainties push safe-haven gold to record high
Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid U.S. President Donald Trump's tariff plans have hoisted gold prices to a record high, once again bringing the key $3,
Gold Consolidates After Record High on Safe-Haven Demand
Gold futures were broadly flat at $2,845 a troy ounce, having reached a fresh record of $2,859.50 a troy ounce earlier in the session. Gold prices have likely climbed on a swift move from investors to safety due to Trump tariff threats,
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”.
Gold hits record high amid concerns of Donald Trump tariffs
This also comes after the US Federal Reserve (Fed) kept interest rates unchanged at 4.25-4.5 per cent on Wednesday.
Gold surges to near-record high as Trump calls for lower interest rates
Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald Trump's calls to lower interest rates and uncertainty surrounding his trade policies.
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.
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
Investors are reportedly waiting up to eight weeks to unlock their gold and ship it to the U.S.
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
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 ...
A 'Trump tariff fee': Small businesses worry about raising prices in a new era for US trade
President Donald Trump said he would roll out his first round of tariffs on February 1. Some small business owners are ...
Gold dips as dollar, yields climb after Fed stands pat on rates
Gold prices slipped on Wednesday as the dollar and bond yields rose after the U.S. Federal Reserve held interest rates steady ...
Trump Says Canada, Mexico Tariffs on Saturday May Not Include Oil
Trump also said he was still considering new tariffs on Chinese goods, citing its part in the fentanyl trade. He has ...