Jason Scott

2 weeks ago | bnnbloomberg.ca | Jason Scott |Yihui Xie

Gold moved further away from its latest record high, swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected tariff agenda. The precious metal initially surged to a fresh all-time high of $3,167.84 an ounce on Thursday following Trump’s “reciprocal” tariff announcements, which placed baseline import levies of 10% on all nations, rising to as much as 49%.

2 weeks ago | bloomberg.com | Jason Scott |Yihui Xie

Gold was steady after falling from its latest record high, with the precious metal swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected tariff agenda. Bullion initially surged to a fresh all-time high of $3,167.84 an ounce in the wake of Trump’s “reciprocal” tariff announcements at the White House, which placed baseline import levies of 10% on all nations, rising to as much as 49%.

3 weeks ago | brnw.ch | Jason Scott |Yihui Xie

For more financial news, go to the News24 Business front page. Gold retreated on Thursday, after notching its latest record, after President Donald Trump triggered tumult on global markets with sweeping "reciprocal" tariffs. Silver fell more than 2%. Spot bullion first surged 1.1% to hit an all-time high of $3 167.84 an ounce as the US leader unveiled his biggest move yet to shake up international trade. But prices later reversed gains to dip as much as 0.6%.

3 weeks ago | bloomberg.com | Jason Scott

Gold hit a new record of nearly $3,160 an ounce after President Donald Trump unveiled his sweeping “reciprocal” tariffs, imposing a minimum levy of 10% on imports and stoking fears it may trigger a global economic slowdown. Bullion was one of the few commodities exempted from the tariffs, according to a White House factsheet. The metal’s haven status was underlined when it rose as much as 0.8% at Thursday’s open in Asia, shortly after the president’s Rose Garden address.

3 weeks ago | bloomberg.com | Jason Scott

Gold steadied as the market took a break from a record-setting run ahead of US President Donald Trump’s implementation of sweeping “reciprocal” tariffs, which are expected to take effect later Wednesday. The precious metal traded little changed, less than $40 short of its record reached in the previous session. The White House and Trump have been reticent to provide details of the targets and scale of the levies, which will apply right after they are rolled out at a 4 p.m. event in Washington.