Gold prices extended strong gains in Asian trading on Thursday, approaching their all-time high as investors continued to seek safe-haven assets amid deepening U.S.-China trade tensions, despite President Donald Trump’s temporary pause on reciprocal tariffs for most other countries. As of 02:05 ET (06:05 GMT): Spot Gold rose 1.6% to …
Read More »Gold Jumps as Trump Tariffs Spark Safe-Haven Rush, Dollar Sinks to 6-Month Low
Gold prices surged in Asian trading on Wednesday, regaining ground above the $3,000 mark as investors flocked to safe-haven assets after U.S. President Donald Trump’s sweeping tariffs on China took effect. A weakening U.S. dollar further boosted demand for the yellow metal. As of 02:35 ET (06:35 GMT): Spot Gold …
Read More »Gold Slides as Recession Fears Grow After Trump Tariffs
Gold prices fell to a three-week low in Asian trading on Monday as investors liquidated positions to offset losses in other markets amid escalating global trade tensions and growing concerns about a potential global recession. As of 02:12 ET (06:12 GMT), spot gold dropped 0.5%, trading at $3,023.10 per ounce, …
Read More »Gold Prices Ease but Set for Fifth Weekly Gain Amid Trump Tariff Fallout; U.S. Jobs Data Eyed
Gold prices retreated slightly in Asian trading on Friday but were still headed for their fifth consecutive weekly advance, buoyed by sustained safe-haven demand amid concerns over U.S. President Donald Trump’s extensive tariff measures. Spot Gold slipped 0.4% to $3,101.35 per ounce by 02:10 ET (06:10 GMT). Earlier this week, …
Read More »Gold Eases from Record High as Markets Await Trump’s Tariff Details
Gold prices edged lower in Asian trading on Wednesday, retreating slightly after hitting an all-time high in the previous session, as traders remained cautious ahead of U.S. President Donald Trump’s April 2 tariff announcements. Gold Market Performance Spot gold (XAU/USD) fell 0.3% to $3,116.24 per ounce by 00:57 ET (04:57 …
Read More »Gold Hits New Record High Amid Market Uncertainty Over U.S. Tariffs
Gold prices surged to an all-time high in Asian trading on Tuesday, driven by rising safe-haven demand as investors braced for upcoming tariff announcements from U.S. President Donald Trump. Gold’s Record-Breaking Rally Spot Gold rose 0.7% to $3,148.10 per ounce, marking its highest level ever. Gold Futures (June) gained 0.3% …
Read More »Gold Hits Record High Amid Trade War Fears, Markets Eye Inflation Data
Gold surged to an all-time high in Asian trading on Friday, driven by increased safe-haven demand after U.S. President Donald Trump imposed steep tariffs on the auto sector. Gold Extends Gains as Trade Uncertainty Rises Spot gold climbed 0.6% to $3,073.79/oz, after touching a record $3,077.67/oz earlier. Gold futures (May …
Read More »Gold Prices Climb Amid Tariff Uncertainty
Gold prices rose in Asian trading on Thursday, driven by renewed safe-haven demand after U.S. President Donald Trump imposed a 25% tariff on all automobile imports, escalating global trade tensions. Goldman Sachs also raised its 2025 gold price forecast, citing strong central bank demand and increased inflows into exchange-traded funds …
Read More »Gold Prices Hold Above $3,000 Amid Tariff Uncertainty and U.S. Economic Data Focus
Gold prices edged lower in Asian trading on Wednesday, as traders took profits while awaiting further clarity on U.S. President Donald Trump’s trade tariffs and key U.S. economic data. Gold Market Performance: Spot Gold: Down 0.1% at $3,015.73/oz Gold Futures (May Expiry): Down 0.2% at $3,048.25/oz Despite the dip, gold …
Read More »Gold Holds Above $3,000 Amid Easing Trump Tariff Concerns
Gold prices edged higher on Tuesday, remaining below last week’s record highs as market fears over U.S. President Donald Trump’s planned trade tariffs eased. However, haven demand remained resilient amid lingering uncertainty over the exact scope of the tariffs, keeping gold near key psychological levels. Gold Market Overview: Spot gold …
Read More »