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Gold rose above the $3,020 mark on Tuesday, hitting a new record high as tariff uncertainty and Middle East tensions boosted safe-haven demand. Tariffs imposed by President Donald Trump and the retaliatory measures from affected countries have raised fears about an economic slowdown. Adding to market unease, Israel launched a wave of airstrikes across the Gaza Strip earlier today, with the nearly two-month-old ceasefire with Hamas appearing to be quickly falling apart. President Donald Trump on Monday also warned that Iran will be held responsible for any further attacks by Yemen’s Houthis, who have been targeting U.S. and other foreign vessels in the Red Sea. Market participants are now turning their attention to the U.S. Federal Reserve’s policy meeting. With the Fed expected to keep rates unchanged, investors will focus on the central bank’s updated economic projections and Chair Jerome Powell’s press conference for signals on future policy direction.
Gold rose above the $3,020 mark on Tuesday, hitting a new record high as tariff uncertainty and Middle East tensions boosted safe-haven demand. Tariffs imposed by President Donald Trump and the retaliatory measures from affected countries have raised fears about an economic slowdown. Adding to market unease, Israel launched a wave of airstrikes across the Gaza Strip earlier today, with the nearly two-month-old ceasefire with Hamas appearing to be quickly falling apart. President Donald Trump on Monday also warned that Iran will be held responsible for any further attacks by Yemen’s Houthis, who have been targeting U.S. and other foreign vessels in the Red Sea. Market participants are now turning their attention to the U.S. Federal Reserve’s policy meeting. With the Fed expected to keep rates unchanged, investors will focus on the central bank’s updated economic projections and Chair Jerome Powell’s press conference for signals on future policy direction.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.