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Gold Shines on Trade Fears, Yen Weakens as Tariff Threats Loom

From monetamarkets.com

Markets are seeing heightened volatility as safe-haven demand surges amid renewed trade tensions. Gold prices rally as global uncertainties mount, while the Japanese Yen faces pressure following reports of additional US tariffs. Meanwhile, the Australian Dollar pares early gains after mixed Chinese trade data, and both GBP/USD and EUR/USD remain steady ahead of key central bank and economic releases. With investors eyeing upcoming policy decisions and economic indicators, caution dominates the trading landscape. Gold is trading near $3,380, buoyed by heightened trade concerns and fresh tariff threats. Safe-haven ... (full story)

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  • Category: Technical Analysis