Gold prices react to new tariffs Gold prices experienced an initial surge following President Trump’s confirmation of new tariffs on major trade partners, before stabilising at higher levels. As of March 4, 2025, gold was trading at approximately ,891 per ounce, reflecting a 1.

Gold prices surge amid weakening USD Gold prices have experienced a significant surge as the US Dollar (USD) weakens, making the precious metal more attractive to investors. The depreciation of the USD has been driven by increasing economic uncertainty, largely stemming from escalating trade tensions between the United States and its key trading partners, including Canada, Mexico, and China.

Gold prices extend gains amid economic uncertainty Gold prices have continued their upward trajectory, rising by more than 1% for the second consecutive day. This sustained increase reflects growing investor demand for safe-haven assets as economic uncertainty intensifies. The latest surge follows a broader trend of gold appreciation, driven by concerns over slowing global growth and financial market volatility.

Gold prices surge after tariff announcement Spot gold climbed back above the ,900 mark early Tuesday following an unexpected announcement from United States (US) President Donald Trump regarding new tariffs on key imports. The news triggered a sharp rise in gold prices as investors sought safe-haven assets amid growing economic uncertainty.

Gold prices reach record highs Gold prices in India soared to an all-time high of Rs 89,000 per 10 grams on Tuesday, reflecting a sharp increase in demand for the precious metal. This surge comes amid heightened global economic uncertainty, prompting investors to seek safe-haven assets.