Gold prices have been on a grind higher this morning but apprehension and caution are still evident across financial markets. Gold's decline after President Trump's ‘liberation day’ tariffs were announced did come as a surprise to many but I for one had feared that a lot of the tariff risk had been priced in. If I am honest however, I did not see such a sharp selloff even if markets had already priced in the tariff announcement. Since the drop, Gold's attempts at a recovery have been met with persistent selling pressure. There does seem to be a disconnect between Gold and historical trends or price drivers. What I ... (full story)