Gold Prices Stable, Bolstered by Possible Safe-Haven Buying – Market Update

  • Time: 10:39 AM
Gold Prices Stable, Bolstered by Possible Safe-Haven Buying – Market Update

Prices steady at Asia’s open, underpinned by investor caution and safe-haven inflows. “The asset could remain on a bullish trend as investors could continue to seek safety in the wake of President Trump’s tariff announcement,” Exness’ Inki Cho said in an email. The financial markets specialist says that the tariffs have stifled investor sentiment and increased demand for safe-haven assets like gold. At $3,114.02/oz, spot gold has barely moved.

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