Gold Remains Resilient Amid Tariff Uncertainty Boosting Safe-Haven Demand

Reported about 7 hours ago

Gold prices are holding steady near record highs as investors digest President Trump's recent tariff announcements, particularly targeting the EU, and weigh their potential economic impact. Bullion traded around $2,920 an ounce, fueled by market confusion over tariff specifics and broader geopolitical tensions. Additionally, weak US economic data has led traders to anticipate interest rate cuts, further supporting gold's appeal as a safe investment in uncertain times.

Source: YAHOO

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