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Gold futures hit another record on Friday, reinforcing its safe-haven appeal at a time of market uncertainty over US President Donald Trump's sweeping tariffs and his surprise move to tax bullion.
Gold futures hit a record high Friday following reports of an unexpected tariff on the precious metal as global stocks finished the week on a mixed note.
The diplomatic efforts show foreign leaders are eager for carveouts and workarounds after Trump's tariffs on products from 66 nations, the 27-nation European Union, and others took effect.
The economic impact is already visible, with signs of stalled hiring, rising inflation and declining home values.
President Trump pushed his top economic and trade officials into high-speed talks this spring to secure agreements with major ...
The surge comes after gold futures hit an all-time high and amid concerns over the impact of U.S. tariffs on Switzerland's gold exports.
The global gold market relies on a network of banks, refineries and couriers that can fly bullion between key trading hubs at ...
Gold futures hit an all-time high of $3,534 on Thursday after reports of the White House's plans to issue an executive order ...
Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the week. After recent declines, triggered by a weaker-than-expected jobs report and a June ...
General Motors projects a $4 billion loss, Stellantis, the maker of Jeeps, said it anticipates tariffs will add $1.7 billion ...
The White House says it will clarify its position on gold after futures of the precious metal in New York surged on Friday as traders assessed the impact of reported tariffs on gold bars from ...
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