Reported about 14 hours ago
Gold prices increased as traders reacted to President Trump's announcement of potential tariffs on Mexico and Canada. Trump suggested additional tariffs on all imports may be considered later, which has created market uncertainty, driving demand for gold and silver as safe-haven assets. The impact of these tariffs on metals is still unclear, contributing to volatility in the commodities market. Investors are also concerned about inflation implications from Trump's domestic policies, which may affect the Federal Reserve's monetary policy decisions.
Source: YAHOO