Gold prices rose on Wednesday as the dollar weakened and as investors braced for U.S. President Donald Trump’s tariffs to take effect, with most flocking to safe-haven gold for cover as global trade tensions escalate and fears of a recession mount. Spot gold gained 0.6% to $3,000.13 an ounce as of 0250 GMT. U.S. gold futures rose 0.8% to $3,014.40. The dollar lost ground as the imposition of tariffs looked imminent, making greenback-priced gold cheaper for overseas buyers. Trump ratcheted up duties on Chinese imports to 104% to counter Beijing’s retaliatory tariffs, accusing Beijing of manipulating the yuan to offset ... (full story)