The price of gold has reached an all-time high, driven by heightened demand for safe-haven assets amid concerns over an economic slowdown. Gold prices maintained their unprecedented surge on Tuesday, supported by apprehensions regarding U.S. President Donald Trump’s remarks about the Federal Reserve chair and worries that escalating trade tensions may hinder economic growth, thereby increasing Read More
Gold reaches unprecedented levels amid rising concerns over economic growth. On Wednesday, gold prices surged to an unprecedented peak, fueled by a declining dollar, escalating trade war tensions, and apprehensions regarding global economic growth stemming from U.S. President Donald Trump’s tariff initiatives, which prompted a significant influx into safe-haven assets. Gold, often regarded as a secure Read More
As the trade battle develops and the dollar continues to decline, gold crosses $3,200. Gold broke the $3,200 mark on Friday as investors fled fears of a recession, a sinking dollar, and a trade war between the United States and China. At 2:30 p.m. Eastern Time, spot gold was trading at $3,235.89 per ounce, representing Read More
Gold experiences a decline during the early Asian trading hours, likely due to market participants unwinding their long positions in order to liquidate assets for cash. China’s imposition of 34% tariffs on all U.S. imports, coupled with the introduction of restrictions on the export of specific rare-earth minerals, has heightened apprehensions regarding the potential escalation Read More
