Give me gold: Trump’s tariff threat sparks gold rush, not just because of risk-aversion
Further, US-based investors are worried that the President might impose tariffs on imports of the precious metal as well, which would cause the price of the safe-haven asset to skyrocket. This has set of a chain effect, sending prices of gold futures higher.
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under ...
Gold prices were trading just short of the all-time high they hit earlier this week, with a combination of trade and ...
Gold and Bitcoin have previously moved together as "safe haven" assets. But that isn't the case with President Donald Trump ...
Also, expect shoe and sneaker prices to rise. The footwear industry is particularly exposed to tariffs because roughly 99% of ...
The pauses—which allow a period of negotiations over drug trafficking and border security—provide a cool-down period after a ...
How are Donald Trump's tariffs on imported goods going to affect your budget? We explain what you can expect on prices for ...
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