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1 week ago | 
money.usnews.com | Ashitha Shivaprasad |Polina Devitt
By Ashitha Shivaprasad and Polina Devitt(Reuters) - The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge from the country's escalating trade war with the United States, analysts said. In the latest salvo, China increased tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145%.
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2 weeks ago | 
zawya.com | Ashitha Shivaprasad
Most base metals in London extended declines on Monday, with copper hitting its lowest level in over 16 months on fears about reduced demand and higher chances of recession following trade tensions between the United States and China. The benchmark three-month copper on the London Metal Exchange (LME) fell 1% to $8,690 per metric ton by 1217 GMT, after falling to $8,105 earlier in the session - its lowest since November 2023.
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2 weeks ago | 
zawya.com | Ashitha Shivaprasad
Base metals in London extended declines on Monday, with copper hitting its lowest level in over 16 months on fears about reduced demand and higher chances of recession following trade tensions between the United States and China. The benchmark three-month copper on the London Metal Exchange (LME) was trading 0.7% lower at $8,710 per metric ton by 0920 GMT, after falling to $8,105 earlier in the session - its lowest since November 2023.
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2 weeks ago | 
uk.marketscreener.com | Ashitha Shivaprasad |Amy Lv |Lewis Jackson
BENGALURU/BEIJING (Reuters) - China placed several rare earth elements on an export control list on Friday as part of its retaliation for President Donald Trump's tariff package, raising the prospect the U.S. could be cut off from critical minerals whose supply China dominates.
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3 weeks ago | 
newsmax.com | Ashitha Shivaprasad
Gold prices took a breather Thursday after surging to yet another all-time high following U.S. President Donald Trump's announcement of sweeping import tariffs, which drove investors to the safe-haven asset.
Spot gold was down 0.5% at $3,119.09 by 1015 GMT amid some profit-taking, having hit a record peak of $3,167.57 earlier in the day. U.S. gold futures fell 0.9% to $3,138.
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3 weeks ago | 
marketscreener.com | Ashitha Shivaprasad |Rahul Paswan
(Reuters) - Gold prices held firm on Wednesday after jumping to an all-time high in the previous session, as investors hunkered down and awaited details of U.S. President Donald Trump's tariff plans. Spot gold rose 0.3% to $3,119.26 an ounce by 1205 GMT. U.S. gold futures also gained 0.3% to $3,155.80. Bullion has been a preferred investment choice with economic and geopolitical uncertainties running high.
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3 weeks ago | 
streetinsider.com | Ashitha Shivaprasad |Rahul Paswan
By Ashitha Shivaprasad and Rahul Paswan (Reuters) - Gold prices held firm on Wednesday after jumping to an all-time high in the previous session, as investors hunkered down and awaited details of U.S. President Donald Trump's tariff plans. Spot gold rose 0.6% at $3,128.41 an ounce, as of 0827 GMT. U.S. gold futures gained 0.4% at $3,159.10. Bullion has been a preferred investment choice with economic and geopolitical uncertainties running high.
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3 weeks ago | 
marketscreener.com | Robert Harvey |Ashitha Shivaprasad
(Reuters) -Global commodity trading house Gunvor said on Tuesday its earnings fell in 2024 as energy markets normalised from the extreme conditions that enabled trading houses to make record earnings in previous years. Gunvor's net profits after tax reached $729 million in 2024, down from $1.25 billion the previous year. That marks the second year of decreases in a row, and is just above the $726 million net profit the company made in 2021.
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3 weeks ago | 
theprint.in | Ashitha Shivaprasad
Gold prices have hit multiple record highs, gaining more than 18% so far this year – capitalising on its cachet as hedge against economic and geopolitical turbulence. Earlier this month, it breached the psychological $3,000 per ounce mark for the first time – a significant milestone that experts say reflects growing concerns over economic instability, geopolitical tensions and inflation. Bullion’s rally has prompted multiple banks to increase their price forecasts for gold this year.
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4 weeks ago | 
malaya.com.ph | Rajendra Jadhav |Ashitha Shivaprasad
By RAJENDRA JADHAV AND ASHITHA SHIVAPRASADMUMBAI- As gold prices jump to successive highs, jewelers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash in their old jewelry and coins. If the rush to sell continues, it could ultimately lead to lower imports into major markets, potentially tempering gold’s rally, retailers and industry experts said.
