Gold Surges as Tariffs & Uncertainty Rise

  Published 1 year ago

Gold prices jumped 2% on Friday poised for their best week in six, fueled by Trump's renewed tariff threats, a weaker dollar, and increased geopolitical/economic uncertainty. Platinum also saw gains, while palladium dipped.

  • Gold gained 2% to $3,359.96/ounce, up 4.9% weekly.
  • Trump proposed 50% EU tariffs & targeted Apple.
  • Platinum hit a May 2023 high due to low inventories.

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