Gold prices retreat on strong dollar amid Trump tariff uncertainty
Gold tends to fall on higher interest rates because it becomes a less attractive investment relative to interest-bearing assets. Other precious metals also fell due to a strong dollar. Platinum Futures slipped 1.1% to $961.20 an ounce, while Silver Futures slumped 1.7% to $30.655 an ounce.
Gold prices climbed over 1% on Friday, closing in on its all-time-high hit in October, as a weakening dollar on U.S.
Since Election Day, gold has meandered within a trading range from $2,562 to $2,717. That is pretty darned impressive, as ...
Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald ...
Gold prices firmed on Thursday as the dollar softened following U.S. President Donald Trump's call for lower interest rates, ...
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The newly elected president has not provided any specific details about the universal tariffs or extra surcharges on key ...
Gold prices reached near an all-time high on January 24, 2023, amid market concerns over US policy uncertainties.
This works for smaller countries, but obviously the United States is not going to fix the value of the dollar to the euro or ...
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