Record High Gold: Can It Keep Going?
From orbex.com
Gold prices have been trending higher all month. In fact, they’ve gained over 9% in January. But Friday was the final push to hit a new Record High Gold for the yellow metal. The noteworthy thing is that while yields are a little lower, they haven’t had as much of a dramatic move. That suggests something else is moving gold higher: Safe haven flows. The buoyancy in gold is being attributed to the main talk in the markets this week: The potential for trade tariffs being actually implemented over the weekend. When he took office 11 days ago, US President Donald Trump said that he would apply 25% tariffs to Mexico and ...
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