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Tariff-Induced Anxiety Pushes Gold Past $3,500
The U.S. Supreme Court dazed markets by agreeing with a federal appeals court ruling that a majority of tariffs instituted by U.S. president Donald Trump were illegal. However, most expect a challenge to uphold them by the administration. As the legal back-and-forth on tariffs continue, investors scrambled towards safe haven assets like gold. The market reaction is another reason to consider gold exposure. An easy way is via the Sprott Physical Gold Trust (PHYS), which allows investors to gain exposure to the rising price of gold with the option to exchange shares for actual bullion. Also in the market undercurrents, ... (full story)
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