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Gold Moves Positive In Europe
Thursday, 13 February 2025 17:36 WIB | MARKET ANALYSIS |

Gold (XAU/USD) prices held on to modest intraday gains through the first half of the European session on Thursday (2/13), albeit lacked follow-through and remained below the record highs touched earlier this week.

Investors remain concerned that US President Donald Trump's trade tariffs could trigger a global trade war, which continued to act as a tailwind for the safe-haven bullion.

Adding to this, a fresh leg down in the US Treasury bond yields dragged the US Dollar (USD) to a weekly low and turned out to be another factor that benefitted the commodity.

Source: Newsmaker.id

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