Gold climbs to 3-week high as US tariff ruling stokes uncertainty - Reuters
Gold climbs to 3-week high as US tariff ruling stokes uncertainty Reuters
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Notable Quotes
"The court's tariff ruling has, aside from earning the ire of the U.S. president, added another layer of uncertainty to global markets, with traders again turning to gold as a defensive play."
— Tim Waterer , Executive
"The court’s tariff ruling has, aside from earning the ire of the US president, added another layer of uncertainty to global markets with traders again turning to gold as a defensive play."
— Tim Waterer , Executive
"The court’s tariff ruling has, aside from earning the ire of the US president, added another layer of uncertainty to global markets with traders again turning to gold as a defensive play."
— Tim Waterer , Executive
"Whether gold can claw its way back above $5,400 in the near term may rest on how long tariff uncertainty lingers and whether the US engages in military action against Iran."
— Tim Waterer , Executive
"Gold climbed nearly 1.5% to around $5,150/oz, reaching its highest point in over three weeks as renewed tariff worries prompted a rush to safe-haven assets."
— Jigar Trivedi , Academic
"Silver climbed 2% to trade above $86/oz, extending gains to a fourth session as renewed tariff tensions boosted demand for safe-haven assets."
— Jigar Trivedi , Academic
"The tariff landscape is now more uncertain than before."
— Rodrigo Catril , Executive
"Comex gold is trading within the $5,100–$5,200 zone after correcting from record highs above $5,500–$5,600."
— Ponmudi R , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Jigar Trivedi is a Senior Research Analyst at IndusInd Securities.
Ponmudi R is the CEO of Enrich Money.
Rodrigo Catril is a senior FX strategist at NAB.
Tim Waterer is the chief market analyst for KCM Trade.
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<a href="https://news.google.com/rss/articles/CBMiogFBVV95cUxQTHZQbzVPM25MLV9YZlM5YzRZTHVCbl80OFlKOXZBZ29tcHRWTERiS0w5TE5sdUg0UWtuektXWkQzV0ttQVpfbzJmUzdXRnNkRVlzaXJJaXBuOHB6TDJsMmNFNkViZzc3OXNEOVk1cFBzV1hGYXl1TXFKcEJ3eVJGclNSRGNvZ1o5czJnWkdKUXlFSXdwLXpwSXB1MnR4LW5INFE?oc=5" target="_blank">Gold climbs to 3-week high as US tariff ruling stokes uncertainty</a> <font color="#6f6f6f">Reuters</font>
Spot gold climbed 1.1% to $5,161.64 per ounce, earlier hitting its highest since January 30, as the U.S. Supreme Court's decision to strike down a vast swathe of President Trump's tariffs added uncertainty to global markets.
Gold prices rose to a more than three-week high as uncertainty from the U.S. Supreme Court's decision to strike down a significant portion of President Trump's tariffs pressured the dollar and drove investors toward bullion.
Gold prices climbed as much as 1.3% to above $5,170 an ounce, following President Trump's announcement of a 15% global tariff after the Supreme Court ruled against his use of emergency powers to set reciprocal duties.
Gold prices climbed to a more than three-week high as uncertainty stoked by the US Supreme Court’s decision to strike down a vast swathe of President Donald Trump’s tariffs pressured the dollar and pushed investors to the safety of bullion.
Gold prices climbed to a three-week high while silver surged nearly 5% in early trade, driven by heightened geopolitical risks, tariff uncertainty after the US Supreme Court ruling on tariffs, and fresh announcements by Donald Trump.
Gold prices climbed to a more than three-week high as uncertainty stoked by the US Supreme Court’s decision to strike down a vast swathe of President Donald Trump’s tariffs pressured the dollar and pushed investors to the safety of bullion.
Gold prices extended gains in early Monday trade, climbing to multi-week highs across global and domestic markets as investors sought refuge amid renewed uncertainty surrounding US trade policy and rising geopolitical risks.
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