Gold surged to an all-time high in Asian trade on Wednesday<\/strong>, as escalating U.S.-China trade tensions<\/strong> and geopolitical concerns drove strong safe-haven demand<\/strong> for the yellow metal.<\/p>\n\n\n\n Spot gold rose 0.6% to a record $2,858.27 an ounce<\/strong>, while gold futures for April delivery climbed 0.4% to $2,885.39 an ounce<\/strong>.<\/p>\n\n\n\n The latest surge in bullion prices follows the U.S. imposing fresh 10% tariffs on Chinese imports<\/strong>, triggering an immediate retaliatory response from Beijing<\/strong>. China introduced counter-tariffs<\/strong>, imposed export controls<\/strong>, and took regulatory action against U.S. firms<\/strong>, including Google (NASDAQ:GOOGL)<\/strong>.<\/p>\n\n\n\n U.S. President Donald Trump\u2019s refusal to engage in trade talks with Chinese President Xi Jinping<\/strong> further dampened hopes of a near-term resolution<\/strong>, reinforcing investor concerns over prolonged global economic disruption.<\/p>\n\n\n\n In addition to trade risks, Trump\u2019s comments on the U.S. taking control of the Gaza Strip and relocating Palestinians<\/strong> heightened geopolitical uncertainty<\/strong>, drawing sharp criticism from regional powers<\/strong> and further boosting safe-haven demand.<\/p>\n\n\n\n The U.S. dollar weakened<\/strong>, erasing its gains for the week<\/strong> after Trump delayed trade tariffs on Mexico and Canada<\/strong>, providing additional tailwinds for gold prices. However, with China receiving no similar tariff relief<\/strong>, market sentiment remains cautious, reinforcing bullish momentum for gold.<\/p>\n\n\n\n While ongoing trade and geopolitical tensions<\/strong> continue to support gold, analysts caution that prolonged tariffs may push U.S. inflation higher<\/strong>, keeping interest rates elevated<\/strong>\u2014a scenario that could weigh on gold\u2019s long-term appeal.<\/p>\n\n\n\n As investors brace for further trade policy shifts<\/strong>, gold remains a key barometer<\/strong> of risk sentiment, with traders watching closely for any developments in U.S.-China relations and broader economic policy shifts.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold surged to an all-time high in Asian trade on Wednesday, as escalating U.S.-China trade tensions and geopolitical concerns drove strong safe-haven demand for the yellow metal. Spot gold rose 0.6% to a record $2,858.27 an ounce, while gold futures for April delivery climbed 0.4% to $2,885.39 an ounce. Trade War Fears Fuel Flight to …<\/p>\n","protected":false},"author":9,"featured_media":111374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[],"class_list":["post-111432","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=111432"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111432\/revisions"}],"predecessor-version":[{"id":111434,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111432\/revisions\/111434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/111374"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=111432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=111432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=111432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trade War Fears Fuel Flight to Safe-Haven Assets<\/strong><\/h3>\n\n\n\n
Geopolitical Uncertainty Adds to Gold\u2019s Momentum<\/strong><\/h3>\n\n\n\n
Dollar Weakness Provides Additional Support<\/strong><\/h3>\n\n\n\n
Outlook and Risks<\/strong><\/h3>\n\n\n\n
Other Precious and Industrial Metals<\/strong><\/h3>\n\n\n\n
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