Reported about 19 hours ago
Gold prices remain near their highest levels since October, trading around $2,754 an ounce, as traders react to President Trump's recent tariff threats against Europe and potential interest rate cuts. These developments have heightened haven demand amid uncertainty in the global economic outlook. As Trump targets Europe and other countries with import levies, concerns about retaliatory measures have increased gold's appeal as a safe investment. Spot gold was stable at $2,755.35 an ounce, while the Federal Reserve's upcoming rate decision adds further caution for traders.
Source: YAHOO