Gold's Wild Ride: Trump's Tariffs Turn Midas Touch into Profit Party
Key Points
- Gold prices soared to $3,357.40 following Trump's tariff ann...
Who knew mixing Trump's tariff tantrums with a dash of profit-taking could make gold markets more volatile than a squirrel in a coffee shop? The yellow metal just hit an eye-popping $3,357.40 before traders decided to cash in their chips, bringing it down 0.8% to $3,318.19 on Thursday.
Glitter and Gleam: The Golden Ascent
The precious metal shot up 3.6% in a single day after Trump's latest tariff announcements on critical minerals sent investors scrambling for their favorite shiny security blanket. Market experts Tai Wong and Carsten Menke suggest this correction is as natural as finding ...
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