Gold ticks up near 0.50% on secondary tariffs and less broad reciprocal schemes
Portfolio Pulse from
Gold prices remain stable around $3,025 as US President Trump announces potential 'secondary tariffs' on countries buying Venezuelan oil and threatens additional levies on various imports. The market is assessing the potential economic implications of these trade policy developments.
March 25, 2025 | 12:00 pm
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NEUTRAL IMPACT
Gold remains supported near $3,000, with technical resistance at $3,028 and $3,046. Market sentiment influenced by potential trade policy shifts and tariff announcements.
Gold is directly impacted by geopolitical tensions and trade policy uncertainties. The current price is hovering near key support levels, indicating market hesitation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100