22.9 C
Surat
Friday, February 7, 2025
22.9 C
Surat
Friday, February 7, 2025

Gold Steadies Near $2,800 as Tariffs Spark Safety Rush



Gold recovered from early losses to trade near $2,800/oz as safe-haven demand from Trump’s new tariffs offset pressure from a stronger dollar. Despite initially dropping over 1%, prices stayed close to Friday’s record high of $2,817.23 as investors sought protection from potential trade war impacts. Analysts expect gold to reach $2,850 in coming months amid growing economic uncertainty.



Source link

Latest Articles