Investors continue to steer clear of risky assets due to the uncertainty surrounding President Trump’s tariff intentions, which has caused them to concentrate on gold and push front-month contracts up for the fourth day in a row. In a commentary, Rhona O’Connell of Stone X states that the desire for risk is still waning, “which of course is good for gold but less so for silver.” The contract moved closer to its all-time high of $2,947.90, which was recorded late last month, while front-month gold finished up 0.04% at $2,916.60 per troy ounce. Shares of SPDR Gold are down 0.3%.
