Gold prices surged over 2% on Wednesday, reaching $3,061.92 an ounce for spot gold, as investors flocked to this traditional safe-haven asset amid escalating global trade tensions. The market reacted strongly to U.S. President Trump’s 104% tariffs on Chinese goods taking effect, which prompted China’s retaliatory 84% tariffs on U.S….
Recession Fears and Rate Cut Expectations Drive Gold to New Heights

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