NEW YORK — As economic uncertainty deepens worldwide, gold prices have notched more and more record highs. That’s because gold sales can rise sharply when anxious investors seek “safe havens” for parking their money. Gold’s current rally arrives as U.S. President Donald Trump continues to announce new tariffs on economic allies and foes alike, roiling
Chinese investors have been flocking to exchange-traded funds (ETFs) tracking the price of gold, hoping to take advantage of the precious metal’s world-beating rally as stocks remain in the doldrums amid a tariff war. The 13 mainland-domiciled gold ETFs have attracted new subscriptions of at least 7.9 billion units so far this year, according to
Gold prices have historically surged during market upheavals in the last half-century. The precious metal remains a top pick for investors as they navigate an uncertain macroeconomic backdrop fueled by high US tariffs, an escalating trade war with China, and dynamic changes within the federal government. Gold prices soared to a record high of £2,460
That, together with the fear of a stock-market crash, has prompted a lot of Canadians who never considered owning the precious metal before to wonder whether this age-old asset should be part of their portfolios. After all, Canada’s largest robo-advisor, Wealthsimple, allocates 2.5% of its clients’ accounts to gold—and 10% in its halal portfolios. Should
Sure, the stock market has been moving. But it’s the action in government bonds, the US dollar, and gold that REALLY stood out this week. Here are some thoughts on what happened – and what it MEANS for investors – from top MoneyShow experts. Mike Larson MoneyShow What’s it going to take to get a
Nathan Gomes | Reuters How many cars are fully American-made? Not many. Here’s what we know. President Trump hopes to encourage companies to build cars in the U.S. But are any cars fully American-made? Here is what we know now. CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump‘s latest tariffs
This content was published on April 3, 2025 – 03:42 (Bloomberg) — Global financial markets were hit by a sweeping selloff after President Donald Trump’s bid to remake the world trading order proved more aggressive than expected. Stocks plunged, Treasuries rallied and the yen gained as alarmed investors searched for havens. From Sydney to Seoul,
Subscribe To Notifications Scan QR code to install app Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice
This content was published on April 2, 2025 – 11:19 (Bloomberg) — Stocks resumed their slide and Treasury yields held near one-month lows in the hours before President Donald Trump’s tariffs announcement, with speculation swirling over the details of the proposed trade action. Europe’s Stoxx 600 Index slid 0.7%, with healthcare stocks among the
Anjana Anil and Anushree Mukherjee | Reuters White House downplays recession fears amid stock market concerns A new poll found that 70% of Americans, including a majority of Republicans, think President Trump’s trade policies will push prices higher. Scripps News Gold prices soared to record levels above $3,100 per ounce in a rally marking one