Trade Tensions and Currency Movements Drive Gold Up

25.05.20

Gold prices rose on Monday due to a weaker U.S. dollar and renewed trade tensions prompted by President Donald Trump’s tariff threats. Spot gold increased by 0.8% to $3,228.47 per ounce, while U.S. gold futures rose 1.4% to $3,232.10. The dollar’s decline made gold more attractive to foreign investors, and…

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