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Gold Rises amid Uncertainty over US TariffsSingapore, 26 Feb (ONA) — Gold prices rebounded today after hitting a one-week low in the previous session, as growing
uncertainties stemming from US President Donald Trump’s tariff plans
dampened risk appetite and boosted the safe-haven bullion’s demand.
Spot gold gained 0.1% to $2,918.01 an ounce, after falling more
than 2% yesterday (Tuesday).
US gold futures rose 0.5% to $2,932.50.
Trump opened yet another front on Tuesday in his assault on
global trade norms, ordering a probe into potential new tariffs on
copper imports to rebuild US production of a metal critical to
electric vehicles, military hardware, the power grid and many
consumer goods.
Spot silver was steady at $31.74 an ounce, platinum fell 0.3% to
$964.00 and palladium was up 0.3% at $930.73.— Ends/Khalid
