Reported about 4 hours ago
Gold prices surged close to record levels amid heightened uncertainty from President Trump's tariff threats, which boosted demand for safe-haven assets. Gold reached an all-time high of over $2,830 an ounce before stabilizing at $2,822.44, benefiting from a weakening dollar. Despite a looming 10% tariff on Chinese imports, traders remain concerned about the potential fallout for the US economy and monetary policy, prompting increased volumes of precious metals in anticipation of tariffs.
Source: YAHOO