Gold Extends Record Run Amid Tariff Mayhem Ahead of Deadline

From Investing.com: 2025-03-31 06:28:00

Trump’s decision to double down on tariffs has caused the dollar to slip amid fears of a recession. As the US prepares to unveil the details of reciprocal tariffs, anxiety is growing in the markets about the implications. Meanwhile, stagflation concerns are rising as inflation data outstrips expectations. The focus is now on the upcoming Non-Farm Payrolls report and Chair Powell’s speech. Equities are tumbling on Wall Street, with the S&P 500 and Dow Jones closing lower. The yen is shining as a safe haven, while the Aussie dollar is slipping ahead of the RBA meeting. Gold continues to surge to new record highs due to geopolitical tensions and economic uncertainties.



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