Gold hits all-time high: is Trump’s trade policy to blame?

From invezz.com

Gold prices surged to an all-time high on Tuesday, fueled by growing anxieties that US President Donald Trump’s planned reciprocal tariffs will trigger inflationary pressures and hinder global economic growth. The move reflects a flight to safety as investors seek refuge from mounting uncertainty. As of 0310 GMT, spot gold was trading up 0.6% at $3,142.83 an ounce, after hitting a record high of $3,145.38 earlier in the session. US gold futures also climbed, rising 0.7% to $3,171.80. This rally follows a remarkable performance in the previous quarter, where bullion recorded its strongest gains since 1986, marking a ... (full story)