From Financial Modeling Prep: 2025-02-20 02:48:12

Gold prices surged amid trade war fears, with spot gold at $2,940.96/oz and gold futures at $2,957.80/oz. Platinum futures rose to $992.70/oz, and silver futures increased to $33.35/oz. Trump’s tariff threats, including 25% tariffs on various imports, heightened trade tensions. A stronger dollar and Fed’s stance limited gold’s gains, while market uncertainty drove safe-haven demand. Gold hit a record high at $2,947.23/oz, reflecting heightened investor concerns. Platinum and silver also saw gains, tracking gold’s strength in the market.



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