Gold prices were steady in early Asian trading on Wednesday, still supported by a weaker dollar, following President Trump's inauguration on Monday. Trump, who plans to issue executive orders to overhaul border and energy policies and end diversity programs across the federal government, but refrained from immediately imposing new tariffs on Monday. The news eased concerns for some broader commodities. Source: Newsmaker.id
Silver (XAG/USD) prices held steady on Wednesday (1/22), supported by a weaker dollar and as markets flocked to safe haven assets amid uncertainty surrounding potential tariffs from US President Donald Trump. The newly elected President has yet to provide specific details on universal tariffs or additional costs on major trading partners, a key plank of his election campaign. Source: Newsmaker.id
Gold prices hit 11-week high on safe-haven demand amid Trump tariff threats Gold prices edged up to an 11-week high in Asian trade on Wednesday, extending gains for a third straight session as safe-haven demand increased amid concerns about U.S. tariffs under President Donald Trump. Spot gold rose 0.2% to $2,752.29 an ounce, its highest since early November Source: Newsmaker.id