On Thursday, gold hit record highs of $2,940 an ounce as demand for safe haven assets was fuelled by growing global trade concerns. After the EU and Canada responded against
As safe-haven demand was fuelled by ongoing tariff uncertainties, gold prices increased on Thursday. Additionally, a lower-than-expected U.S. inflation report bolstered prospects of rate reduction, which in turn helped bullion.
Amid worries about escalating trade tensions and slower economic growth in the wake of U.S. President Donald Trump’s tariffs, gold stayed steady on Tuesday as investors anticipated a crucial inflation
While investors anticipated U.S. non-farm payrolls data that was coming later in the day, gold marginally increased on Friday and was set for a weekly increase as the dollar declined
