Gold Edges Higher as Trade War Concerns Boost Support for Havens

Gold Edges Higher as Trade War Concerns Boost Support for Havens

Gold edged higher after a slew of tariff-related announcements from President Donald Trump signaled concerns over the impact of a potential global trade war remain, giving support to the haven asset.

Gold Gains Following Trump’s Tariff Shakeup

Gold prices rose as tariff threats from President Donald Trump drove investors toward the safe-haven asset.

Gold Holds Firm Despite Weaker ETF Flows and Speculative Demand, Says ING Analyst

Despite slowing inflows into gold-backed exchange-traded funds (ETFs) and declining net long positions in the futures market, gold continues to hold its ground, supported by central bank purchases and safe-haven demand, according to Ewa Manthey, commodities strategist at ING.

Gold stands firm near daily peak; looks to US PPI for fresh impetus

Gold price (XAU/USD) sticks to intraday gains through the first half of the European session, albeit it lacks follow-through and remains below the $3,350 level. Investors remain worried about the potential economic fallout from US President Donald Trump's trade tariffs.

Gold Edges Higher As Trade War Concerns Boost Support For Havens

Gold edged higher after a slew of tariff-related announcements from President Donald Trump signaled concerns over the impact of a potential global trade war remain, giving support to the haven asset. Bullion ticked up to about $3,330 an ounce after closing 0.6% lower on Tuesday. Trump said he had reached a deal with Indonesia, imposing 19% tariff on country. The president also said levies on pharmaceuticals were likely as soon as the end of the …