The dollar was poised for a second straight weekly decline on Friday as tariff threats against countries trading with Cuba added to global tensions that have sapped demand for U.S. assets. The White House said that President Donald Trump signed an executive order that would impose tariffs on countries that provide oil to Cuba, adding […]
Gold soared past $5,100 an ounce on Monday, reaching a new record for the first time as more investors turned to the safe-haven asset amid growing global tensions. The metal jumped 64% in 2025, in what was its strongest yearly rise since 1979. The price of safe-haven asset gold surpassed 5,000 USD, hitting a record […]
The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through the end of the year supported demand. Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a “US-China trade war” […]