Reported 23 days ago
Gold prices recovered slightly after President Donald Trump announced a 25% tariff on goods from Japan and South Korea, effective August 1. This tariff is part of Trump's broader strategy to alter US trade policies that have created market uncertainty, leading to increased demand for gold as a safe-haven asset. Despite experiencing a temporary dip, gold still remains significantly up for the year, driven by geopolitical tensions and strong investment flows.
Source: YAHOO