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As traders seek safe-haven assets, gold prices trend upwards, approaching a new record high
Gold prices have risen to around $4,670 during the early Asian session on Tuesday. The increase comes after President Trump announced new tariffs on goods from eight European countries, sparking demand for safe-haven assets. These countries include Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and the UK. Concerns of a broadened trade war have arisen, with the EU considering a €93 billion tariff package on US imports. Analysts predict a pause in the US Federal Reserve’s monetary-easing plans due to stabilising labor market conditions. The US Dollar remains a determining factor for Gold ... (full story)
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From fxstreet.com | Jan 19, 2026
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From zawya.com | Jan 20, 2026
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