Gold held an advance, with investors weighing concerns about the US fiscal position after the Senate passed President Donald Trump’s multitrillion-dollar tax bill. Bullion held near $3,340 an ounce, after rallying 2% over the previous two sessions. The latest version of the the president’s signature legislation — which is expected to widen the deficit by
Gold prices surged to a fresh all-time high of $3,128.06 per ounce, marking the third consecutive session of record gains. The precious metal’s rally comes as mounting uncertainty over U.S. tariff policies rattles global markets, driving traders toward safe-haven assets. The latest boost was triggered by U.S. President Donald Trump’s announcement late Sunday, declaring that
Fine gold bar ingots. getty The price of gold continues to smash records at a canter and some on Wall Street reckon it may yet head higher still from where its presently at. In U.S. trading on Tuesday, the price of the precious yellow metal hit another record high soaring above $2,950 per troy ounce