Gold rises, Trump says he'd 'rather not' use tariffs on China
Gold (GC=F) nears a record high after US President Donald Trump said he would 'rather not' instate tariffs on China, a change from his rhetoric prior to his second inauguration. Seana Smith and Brad Smith take a closer look at Trump's comments and the market reaction on Morning Brief.
Navigating the Gold Rush: Trump's Tariffs Set Stage for Record Prices
Investors turned more bullish on gold as President Trump was signing the various Executive Orders that would begin enacting his aggressive policies. As a result, the SPDR Gold Shares ran through the top of its range at $250, initiating what is referred to as a “Volatility Rally”.
The global gold market is experiencing a seismic shift, driven by a surge in demand from Asia, particularly from China.
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
Gold is back on its way to the all-time high of $2,790, which is less than 1% away from current levels. Once above that, a ...
Gold prices soared to near three-month highs on Friday and were on track for a fourth straight weekly gain as uncertainty about U.S. President Donald Trump's trade plans took the wind out of the ...
Chinese New Year period, factors such as market closures during the holiday, changes in consumer buying demand, and ...
Gold prices dropped on Monday, pressured by stronger-than-expected U.S. payroll data, which dampened hopes for significant ...
Gold discounts in India widened to six-month highs this week as a rise in domestic prices dampened demand and jewellers ...
Gold prices are set to challenge record high of $2,790 amid ongoing US trade policies uncertainty. The daily chart suggests ...
Indonesia, having worked with China to drive competitors out of the nickel industry market, is now working on a plan to cut ...
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