Gold Holds Above $5,000 as Dollar Weakness and Tariff Fears Drive Rally

TLDR Gold extended gains above $5,000 per ounce on Tuesday, marking seven consecutive days of increases driven by safe haven demand and a weakening US dollar. Trump announced 25% tariffs on South Korean goods and threatened 100% tariffs on Canada over potential China trade deals, fueling market uncertainty. Silver jumped over 9% to $112 per [...]

The post Gold Holds Above $5,000 as Dollar Weakness and Tariff Fears Drive Rally appeared first on Blockonomi.