Gold

Trump's 25 percent tariffs on steel and aluminum imports raised inflation fears, escalated trade tensions

Trump announced 25 percent tariffs on all steel and aluminum imports, escalating trade policy amidst existing metal duties

This surge brings the total value to $10.644 billion by December 2024, a rise from $8.440 billion recorded in December 2023

Prices are set for weekly gains as uncertainty over U.S. interest rates and trade tariffs boosts safe haven demand
