11 Articles
11 Articles
Gold Prices Extend Rise After Trump Announces Tariff Plans
Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S. President Donald Trump announces reciprocal tariffs that would escalate a trade war. Spot gold was up 0.6% at $3,129.46 an ounce at 04:53 p.m. EDT (2053 GMT). U.S. gold futures settled 0.6% higher at $3,166.20. "The reciprocal tariffs are much more aggressive than expected, which should lead to asset market selloffs and a lower dollar,"…
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