Prices of gold and silver rose to records as fears about credit quality in the US economy and a “US-China trade war” called out by President Donald Trump strengthened demand for havens. Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher […]
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” […]
US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a longer pause on high tariffs on Chinese goods to resolve a conflict over critical minerals. US President Donald Trump. (AFP) “Well, you’re in one now,” Trump said Wednesday when asked […]
Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate cuts and amid US-China trade war. The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters) Spot gold was up 0.9% at $4,178.15 per ounce, as of 0448 […]
Silver swung near a record as an historic short squeeze in London and US-China trade tensions roiled the market, while gold set a new peak. Elsewhere, fears over potential White House tariffs on gold’s precious metal peers drove platinum and palladium sharply higher. Gold IRAs are not Gold set a record above $4,060 an ounce, […]