{"id":112845,"date":"2025-03-17T12:10:47","date_gmt":"2025-03-17T08:10:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=112845"},"modified":"2025-03-17T12:10:50","modified_gmt":"2025-03-17T08:10:50","slug":"gold-prices-dip-after-record-surge-market-eyes-tariffs-economic-risks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-prices-dip-after-record-surge-market-eyes-tariffs-economic-risks\/03\/17\/market-updates\/","title":{"rendered":"Gold Prices Dip After Record Surge, Market Eyes Tariffs &amp; Economic Risks"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p><strong>Gold prices<\/strong> edged lower in <strong>Asian trade on Monday<\/strong>, following a <strong>record-breaking rally<\/strong>, as investors balanced <strong>safe-haven demand<\/strong> against signs of progress in global geopolitical tensions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot Gold:<\/strong> <strong>Down slightly<\/strong> to <strong>$2,982.80\/oz<\/strong><\/li>\n\n\n\n<li><strong>Gold Futures (April):<\/strong> <strong>Fell 0.3%<\/strong> to <strong>$2,991.62\/oz<\/strong> (by <strong>01:14 ET \/ 05:14 GMT<\/strong>)<\/li>\n\n\n\n<li><strong>Friday\u2019s Record High:<\/strong> <strong>$3,005.08\/oz<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Safe-Haven Demand Amid Global Risks<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Geopolitical tensions<\/strong> remained a key driver after the <strong>U.S. launched airstrikes on Houthi rebels in Yemen<\/strong>, retaliating against attacks on <strong>Red Sea shipping lanes<\/strong>.<\/li>\n\n\n\n<li><strong>Trade war fears<\/strong> persisted as <strong>President Donald Trump<\/strong> reiterated his plans for <strong>reciprocal and sectoral tariffs<\/strong> set to take effect on <strong>April 2<\/strong>.<\/li>\n\n\n\n<li><strong>Russia-Ukraine ceasefire talks<\/strong> showed <strong>signs of progress<\/strong>, with <strong>Trump planning to speak with President Putin on Tuesday<\/strong>, leading to <strong>some risk-on sentiment<\/strong>.<\/li>\n\n\n\n<li><strong>Profit-taking<\/strong> weighed on <strong>gold prices<\/strong> after last week\u2019s surge past <strong>$3,000\/oz<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Tariffs &amp; Economic Concerns Keep Gold Supported<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Uncertainty remains<\/strong> over the <strong>extent of Trump\u2019s tariff measures<\/strong>, particularly after <strong>policy shifts on Canada and Mexico<\/strong>.<\/li>\n\n\n\n<li><strong>China, the EU, and other major economies<\/strong> have outlined <strong>retaliatory measures<\/strong>, which could <strong>escalate a global trade war<\/strong>.<\/li>\n\n\n\n<li><strong>Inflation fears<\/strong> due to <strong>tariffs<\/strong> and potential <strong>economic slowdowns<\/strong> have fueled concerns of a <strong>U.S. recession<\/strong>.<\/li>\n\n\n\n<li><strong>Upcoming central bank meetings<\/strong>, including the <strong>Federal Reserve, Bank of Japan, and Bank of England<\/strong>, are expected to provide further market direction.<\/li>\n\n\n\n<li><strong>Key U.S. economic data<\/strong>\u2014industrial production and retail sales\u2014will also offer clues on the <strong>state of the world\u2019s largest economy<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Other Precious Metals Show Mixed Performance<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Platinum Futures:<\/strong> <strong>Up 0.5%<\/strong> to <strong>$1,018.00\/oz<\/strong><\/li>\n\n\n\n<li><strong>Silver Futures:<\/strong> <strong>Down 0.3%<\/strong> to <strong>$34.328\/oz<\/strong> (after touching a <strong>five-month high<\/strong>)<\/li>\n<\/ul>\n\n\n\n<p>As <strong>global markets await policy decisions and trade developments<\/strong>, <strong>gold remains a key asset<\/strong>, with volatility expected in the days ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices edged lower in Asian trade on Monday, following a record-breaking rally, as investors balanced safe-haven demand against signs of progress in global geopolitical tensions. Spot Gold: Down slightly to $2,982.80\/oz Gold Futures (April): Fell 0.3% to $2,991.62\/oz (by 01:14 ET \/ 05:14 GMT) Friday\u2019s Record High: $3,005.08\/oz Safe-Haven Demand Amid Global Risks Geopolitical &hellip;<\/p>\n","protected":false},"author":9,"featured_media":103762,"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":[38,37,36],"tags":[7603],"class_list":["post-112845","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-gold-prices"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112845","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=112845"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112845\/revisions"}],"predecessor-version":[{"id":112846,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112845\/revisions\/112846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/103762"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=112845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=112845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=112845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}