From Investing.com: 2025-05-28 04:24:00

Gold has gained 27% year-to-date, becoming a safe-haven asset amid uncertainty over Trump’s tariff strategy. Central banks are also increasing their gold reserves. Trump’s fiscal plans, including a pending bill that could add $4 trillion to US debt, are driving investors towards gold as a shelter. With the US dollar weakening, gold is likely to remain supported as concerns about economic growth and inflation persist. Technical analysis shows gold trading above key levels, with potential for further upside towards $3,500. Despite some pullbacks, gold’s outlook remains positive in the current environment.



Read more at Investing.com: Gold Is Victorious Amid Tariff and Fiscal Uncertainty