Gold Futures Rise on Safe-Haven Appeal
From Barron’s: 2025-06-11 09:42:00
Gold futures are on the rise due to a weaker U.S. dollar, steady central bank demand, and market volatility, increasing by 0.6% to $3,363.70 per troy ounce. The precious metal’s safe-haven appeal is bolstered by U.S. courts upholding President Trump’s tariffs while appeals are ongoing. China has added to its reserves for the seventh straight month in May, contributing to the central bank demand. Despite this, optimism for a U.S.-China trade deal is growing as talks concluded with a framework, potentially leading to increased negotiations with other partners in the near future.
Read more at Barron’s: Gold Futures Rise on Safe-Haven Appeal