Gold shines as we draw closer to Trump tariffs deadline
Portfolio Pulse from
Gold prices are climbing again after a brief consolidation, approaching its record high of $3,057. Market uncertainty surrounding potential Trump tariffs, geopolitical tensions, and expectations of central bank rate cuts are driving gold's demand. The precious metal continues to attract investors seeking a safe haven.
March 27, 2025 | 10:30 am
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Gold is showing resilience above $3,000, with technical indicators suggesting potential for continued price appreciation amid global economic uncertainties.
Multiple factors are supporting gold prices: potential Trump tariffs, geopolitical uncertainty, expectations of rate cuts, and continued central bank gold purchases. Technical indicators show price consolidation above key moving averages, suggesting bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100