Gold climbs after levy chaos drives biggest gain in 18 months

From bnnbloomberg.ca

Gold rose again after posting its biggest one-day gain in 18 months, as confusion over U.S. President Donald Trump’s tariff agenda drove investors to buy the precious metal as a haven. Bullion climbed as much as 1.6% on Thursday and was trading less than US$50 short of last week’s all-time high. That’s after it closed up 3.3% on Wednesday in a whipsaw day for markets. The precious metal has also been supported by a weaker greenback. Gold’s initial surge in the previous session came after U.S. tariffs on around 60 trading parters kicked in, fuelling market upheavals and increasing worries about a global ... (full story)