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Gold prices steadied in Asian trade on Tuesday after a dramatic surge to a new all-time high above $4,100 per ounce<\/strong>, as renewed friction between the United States and China<\/strong> triggered a sharp flight to safety. Silver also rallied to record levels before retreating amid profit-taking.<\/p>\n\n\n\n Spot gold edged 0.1% higher at $4,115.67 per ounce<\/strong> by 06:17 GMT<\/strong>, having earlier touched a historic peak of $4,190.67<\/strong>. U.S. gold futures were largely flat at $4,130.51\/oz<\/strong>, reflecting some consolidation after a stellar rally driven by global uncertainty and a softer dollar.<\/p>\n\n\n\n The surge was fueled by investor demand for safe-haven assets<\/strong> after former President Donald Trump<\/strong> threatened to impose 10% tariffs<\/strong> on Chinese imports in retaliation for Beijing\u2019s new curbs on critical mineral exports.<\/p>\n\n\n\n Trump\u2019s remarks reignited fears of a renewed U.S.-China trade conflict<\/strong>, reminiscent of the 2018\u20132019 tariff war that rattled global markets. However, he later struck a more moderate tone<\/strong>, assuring that the U.S. \u201cwas not seeking harm\u201d toward China.<\/p>\n\n\n\n Treasury Secretary Scott Bessent<\/strong> added that Trump and Chinese President Xi Jinping<\/strong> still plan to meet later this month in South Korea<\/strong>, offering hope for dialogue. Meanwhile, China\u2019s Ministry of Commerce confirmed that working-level talks<\/strong> were ongoing this week but vowed to \u201cfight till the end<\/strong>\u201d if Washington proceeds with punitive measures.<\/p>\n\n\n\n The conflicting messages amplified market uncertainty<\/strong>, bolstering gold\u2019s appeal as a store of value<\/strong> amid geopolitical volatility.<\/p>\n\n\n\n Silver, which has mirrored gold\u2019s meteoric rise in recent sessions, slipped 1.7% to $49.565\/oz<\/strong> after briefly topping $53\/oz<\/strong>\u2014its highest level on record. Analysts attributed the pullback to short-term profit-taking<\/strong> and technical correction<\/strong> following sharp gains.<\/p>\n\n\n\n Platinum also weakened 1.2% to $1,658.45\/oz<\/strong>, while industrial metals fell as investors turned cautious on the outlook for Chinese demand. Copper futures<\/strong> on the London Metal Exchange dropped 2.8% to $10,519.05 per ton<\/strong>, and U.S. copper futures<\/strong> slid 3.4% to $4.96 per pound<\/strong>.<\/p>\n\n\n\n Analysts expect gold to remain well-supported as trade and geopolitical risks<\/strong> dominate sentiment, even as intermittent profit-taking tempers gains. The slight softening of the U.S. dollar<\/strong> has further strengthened bullion\u2019s near-term outlook, while any escalation in U.S.-China tensions could fuel another leg higher toward $4,200<\/strong>.<\/p>\n\n\n\n Silver\u2019s volatility, meanwhile, underscores the delicate balance between industrial demand and speculative buying\u2014highlighting how rapidly sentiment can shift in a politically charged environment.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices steadied in Asian trade on Tuesday after a dramatic surge to a new all-time high above $4,100 per ounce, as renewed friction between the United States and China triggered a sharp flight to safety. Silver also rallied to record levels before retreating amid profit-taking. Gold Holds Firm After Record Surge Spot gold edged …<\/p>\n","protected":false},"author":9,"featured_media":98237,"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":[38,6827,49,36],"tags":[],"class_list":["post-119912","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119912","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=119912"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119912\/revisions"}],"predecessor-version":[{"id":119913,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119912\/revisions\/119913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98237"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Gold Holds Firm After Record Surge<\/strong><\/h3>\n\n\n\n
Tariff Threats Reignite Trade Anxiety<\/strong><\/h3>\n\n\n\n
Silver Retreats After Record Rally; Copper Weakens<\/strong><\/h3>\n\n\n\n
Outlook: Haven Demand vs. Trade Volatility<\/strong><\/h3>\n\n\n\n