Gold Rises to a New Record as Trump Embarks on China Trade War
Gold rose to a new all-time high after US President Donald Trump’s 10% tariffs on China prompted swift retaliation from Beijing, buoying haven demand.
US-China trade war spurs record-breaking rally in gold
Gold prices climbed 1% on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating U.S.-China trade war and its impact on economic growth.
WTI extends downside below $70.50 as US-China trade war intensifies
AUD/USD extends its consolidative price move and remains below the 0.6300 mark on Friday amid mixed cues. Bets that the RBA could cut rates later this month, US-China trade war concerns, and a softer risk tone cap the Aussie. Furthermore, traders opt to move to the sidelines ahead of the US NFP report amid subdued USD demand.
Gold Surges Amid US Dollar Volatility: US-China Trade War and Market Impact
Gold has surged to new record levels due to uncertainty from the US-China trade war, while the US dollar exhibits strong volatility.
Gold adds to record rally as trade war anxiety lifts demand
Gold prices continued their record run on Wednesday, as investors sought the safe-haven asset amid escalating concerns about a U.S.-China trade war and the potential impact on economic growth. Spot gold was up 0.
Gold continues to climb fresh peaks amid escalating US-China trade war
Gold prices experienced a surge of 1% on Wednesday, maintaining their upward trajectory and reaching new record highs. This rally was primarily fueled by a heightened demand for safe-haven assets amidst the escalating trade tensions between the US and China.
China’s Economic Problem Isn’t Just ‘Japanification’ – It May Be Worse
China faces a “toxic combination” of deflation and devaluation which Japan did not experience. It may be a sign of greater ...
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Xi Focus: Turning ice and snow into gold
Guided by Xi's vision, the province has made sustained efforts to turn itself into a world-class winter tourist destination.
China’s holiday gold-buying frenzy continues despite global price rises
Spring Festival holidays sparked a gold purchase rush among consumers, even as the price of spot gold hit a record of $2,830 ...
Gold Monthly: $3,000 Is Now In Sight
Gold is already up more than 9% year-to-date, having hit a series of consecutive record highs along the way. Click to read.
Gold hits record high as Trump tariffs spur safe-haven buying
Gold prices hit an all-time high on Monday, bolstered by safe-haven inflows after U.S. President Donald Trump's tariffs on ...
Gold price drops as traders await Nonfarm Payrolls
Gold price advance stalled on Thursday as United States (US) Treasury bond yields recovered, and the Greenback holds minimal ...
Stock Market Today: Dow, Nasdaq and S&P 500 end higher as markets digest China tariffs and jobs data; Meta scores 12th straight win
Follow all the latest U.S. market action for Tuesday as stocks stage a recovery amid lingering tariff angst; Alphabet ...
Gold surges to near-record high as Trump calls for lower interest rates
Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald ...
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Asia: Markets stutter as traders weigh China-US trade flare-up
ASIAN markets stumbled on Wednesday and gold hit a new record as investors kept tabs on China and the United States after ...