Singapore - Saba:
Gold prices rose on Tuesday as safe-haven demand increased amid uncertainty over tariffs, amid fears of a slowing economy, escalating trade tensions, and rising inflation.
Spot gold rose 0.20% to $3,018.32 per ounce, while US gold futures rose 0.27% to $3,023.60.
Analysts expect US President Trump's tariff policies to slow economic growth, increase trade tensions, and increase inflation.
Gold prices rose on Tuesday as safe-haven demand increased amid uncertainty over tariffs, amid fears of a slowing economy, escalating trade tensions, and rising inflation.
Spot gold rose 0.20% to $3,018.32 per ounce, while US gold futures rose 0.27% to $3,023.60.
Analysts expect US President Trump's tariff policies to slow economic growth, increase trade tensions, and increase inflation.