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Gold soars amid trade fears

17:06

Gold soars amid trade fears
Source: Adobe Stock

Donald Trump’s return to the White House has unsettled financial markets, with new tariffs on China, Canada, and the EU fueling economic uncertainty. Investors have turned to gold, traditionally a safe haven, driving its price to a record $2,947.11 per ounce on February 20, 2025—a 12% increase since January. Analysts predict it could soon surpass $3,000 if trade tensions escalate.

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