Gold soars beyond $2,900 as Trump threatens fresh tariffs

By X-blogger - on February 11, 2025

Gold prices continued their record rally on Monday and broke through the key $2,900 level for the first time, driven by safe-haven demand as U.S. President Donald Trump’s new tariff threats amplified trade war and inflation concerns.

The Gold-Dollar pair exploded 1.2% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 2831.6 | Resistance: 2968.4

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