Reported about 9 hours ago
Gold prices have surged to all-time highs, exceeding $2,830 per ounce, driven by President Trump's tariff threats that have sparked fears of a trade war. Consequently, several gold ETFs, including SPDR Gold Trust and iShares Gold Trust, have also peaked, each gaining 6.8% since the beginning of 2025. Analysts anticipate that escalating tariffs will continue to boost gold prices, with expectations that central banks will sustain their gold buying amid lower interest rates, despite the potential for a stronger dollar to impact prices.
Source: YAHOO