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Gold resumes its climb: the $5,000 target draws ever closer
Recent statements by Donald Trump regarding Greenland have rattled markets, compounded by the threat of an even harsher trade war between the United States and Europe. Gold rises to $4,700 per ounce, as the tycoon’s tough stance weakens the dollar in favor of safe-haven assets.
[Source: Milano Finanza]
Gold slightly down on profit-taking
Gold edged lower as investors took profits after record highs, also supported by signs of easing geopolitical tensions.
Spot gold fell 0.2% to $4,606.54 an ounce, but remained on track for a second consecutive weekly gain.
[Source: Market screener]
Trump backs away from tariffs, pushing silver prices lower
Silver prices edged slightly lower from the record highs reached in recent days after President Donald Trump signaled his willingness to postpone the implementation of new tariffs on imports of critical minerals.
The metal lost more than 7% in today’s trading, moving away from the all-time high of $93 per ounce.
[Source: Kitco News]
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