Gold Price Hits All-Time High as World Braces for Trump Tariffs
The price of gold soared to an all-time high of $3,150.52 per ounce on Tuesday morning, as investors braced for potential economic fallout from U.S. PresidentĀ Donald Trump's unleashing of sweeping new tariffs, set to be unveiled on April 2.
Gold, a safe-haven asset long regarded as a hedge against financial uncertainty, saw increased demand as markets reacted to Trump's plan to impose "reciprocal" tariffs on all trade partners. He sees current trading terms as broadly unfair to the U.S...