Gold hits record high as Trump tariffs spur safe-haven buying

By X-blogger - on February 4, 2025

Gold prices hit an all-time high, bolstered by safe-haven inflows after U.S. President Donald Trump’s tariffs on Canada, China and Mexico added to concerns of inflation that would dent economic growth, even as Mexico’s tariffs are on 1-month pause.

The Gold-Dollar pair rose 0.9% in the last session. The ROC is giving a positive signal.
Support: 2727.1 | Resistance: 2901.9

  • Enjoy our regulated platform

    • Write a comment

    Your email address will not be published. Required fields are marked *

    No comments yet, Be the first!
    Special Offer
    First Deposit Bonus

    First Deposit Bonus | Phone Verification | First Trade on us | Account Verification

    Cash Back Bonus

    As a valued client, you can earn 'mileage points', from your trading volume.

    Become an Xtrade VIP

    Become an Xtrade VIP. For our VIP members, we go the extra mile with.