Gold gains 27% year-to-date due to safe-haven flows. ·Uncertainty about Trump’s tariff strategy has offered support. Central banks continue their gold-buying spree. Trump’s fiscal plans are also a reason for seeking shelter. Is Gold the asset of choice for 2025? Gold has been performing incredibly well since the start of the year, outperforming every other
The most highly anticipated week of the year and quite possibly the most pivotal moment in economic history is finally here – as President Donald Trump prepares to announce a sweeping round of reciprocal tariffs that threaten to trigger a destructive global trade war. President Trump has dubbed April 2 as “Liberation Day” for America – when
Gold prices faced resistance despite tariff threats, failing to reach previous highs. Gold ETFs saw their largest single-day increase since 2022, indicating strong demand. US economic data had a short-term impact on prices, but haven demand remains elevated. Gold prices failed in their attempt to print a fresh weekly high today despite the latest tariff
Gold prices hit new highs amid US tariff uncertainty and retaliatory measures from Canada. Safe-haven demand and inflation concerns drive gold prices up, despite a strengthening US dollar. Technical analysis shows bullish momentum for gold, with potential for further upside if key support levels hold. Gold prices have been on a seesaw today as US President