Wednesday, 10 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Edges Higher as Global Trade War Prospects Grow -- Market Talk
Thursday, 13 March 2025 06:57 WIB | GOLD |GOLD

Gold edges higher in the early Asian session. EU and Canada unveiled retaliatory tariffs against the U.S. on Wednesday, further increasing prospects of a global trade war after the U.S. imposed levies on global steel and aluminum imports.

Such prospects could enhance the safe-haven appeal of the precious metal. There's uncertainty over the impact of tariffs on the U.S. economy amid talk of a recession, XS.com's Samer Hasn says in an email.

Market turmoil has also deepened due to President Trump's repeated "start-and-stop" over tariffs, Hasn adds. Spot gold is 0.1% higher at $2,937.82/oz.

Source: Marketwatch

RELATED NEWS
Gold Rises to Record High Amid Increased Fed Rate Cut Bets...
Wednesday, 10 September 2025 01:11 WIB

Gold prices advanced to a record high on Tuesday amid rising optimism that the Federal Reserve is set to kick off what will likely be a series of interest rate reductions. Gold futures rose 0.2% to $...

Gold Consolidates Near $3,650 Ahead of Benchmark US Nonfarm Payrolls ...
Tuesday, 9 September 2025 20:18 WIB

Gold (XAU/USD) continued its record-breaking rally on Tuesday to a new all-time high near $3,660, marking the third consecutive day of gains and entering uncharted territory. At the time of writing, X...

Gold Hits New Record High, Boosted By Fed Rate Cut Bets ...
Tuesday, 9 September 2025 17:30 WIB

Gold hit a new record high on Tuesday (September 9), holding well above the $3,600 level reached in the previous session, as rising bets on a US interest rate cut weakened the dollar and pushed bond y...

Gold extends record rally as Fed rate-cut bets dent dollar, yields...
Tuesday, 9 September 2025 11:10 WIB

Gold prices scaled a fresh peak on Tuesday, as a weaker dollar and a dip in bond yields amid growing bets for a Federal Reserve rate cut this month lifted demand for the precious metal. Spot gold gai...

Gold Holds Near Latest Record After Fed Rate-Cut Optimism Soars...
Tuesday, 9 September 2025 07:26 WIB

Gold held near its latest record reached on Monday, with its rally stoked by a surge in bets for a wave of Federal Reserve rate cuts this year.  Bullion was little changed in early Asian trading...

LATEST NEWS
Oil Futures Rise on Geopolitical Risk Premium

Crude futures recover more of last week's losses as continued fighting between Russia and Ukraine keep alive expectations of greater U.S. sanctions and supply disruptions. An Israeli air strike targeting the Hamas leadership in Qatar also raises...

Dollar Rises Alongside Yields With CPI in Focus

A Bloomberg gauge of the dollar rose late in New York trading alongside Treasury yields as investors look to the release of CPI data this week to gauge the Fed's rate-cutting path. Earlier, the yen rallied on a report that Bank of Japan...

Gold Rises to Record High Amid Increased Fed Rate Cut Bets

Gold prices advanced to a record high on Tuesday amid rising optimism that the Federal Reserve is set to kick off what will likely be a series of interest rate reductions. Gold futures rose 0.2% to $3,683.70 per ounce, having traded above $3,700...

POPULAR NEWS
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week
Tuesday, 9 September 2025 04:05 WIB

The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...

Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...

United States Stock Market Rise Ahead Inflation data
Tuesday, 9 September 2025 03:36 WIB

Wall Street kicked off the week with gains on Monday as investors positioned ahead of a data-heavy week that includes two key inflation reports...

European shares end higher amid all eyes on French no-confidence vote
Tuesday, 9 September 2025 01:52 WIB

European shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote later in the...