Reported 1 day ago
This week saw gold prices surge over 5%, reaching approximately $3,350/oz, largely due to political and fiscal instability in the U.S., including new tariff threats from Trump and concerns about the national deficit. The dollar weakened, pushing investors towards gold as a safe haven amidst fears over U.S. credit ratings and impending fiscal policies. With next week anticipated to be influenced by these developments, traders are bracing for potential volatility in the markets.
Source: YAHOO