Gold Climbs to Record as Expanding Trade War Aids Haven Demand

Bloomberg04-16

Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens.Bullion climbed above $3,248 an ounce for the first ...

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Guavaxf30
04-16
Guavaxf30
Money is going into safe haven. When gold rise, equities normally see cash out. Be prepared for stock markets to experience sell-down.

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Be prepared for stock markets to experience sell-down.&nbsp;","text":"Money is going into safe haven. When gold rise, equities normally see cash out. Be prepared for stock markets to experience sell-down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/424858128225064","repostId":1108280969,"repostType":2,"repost":{"id":"1108280969","kind":"news","pubTimestamp":1744760303,"share":"https://ttm.financial/m/news/1108280969?lang=en_US&edition=fundamental","pubTime":"2025-04-16 07:38","market":"us","language":"en","title":"Gold Climbs to Record as Expanding Trade War Aids Haven Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1108280969","media":"Bloomberg","summary":"Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens.Bullion climbed above $3,248 an ounce for the first time on Wednesday, surpassing the previous all-time peak set on Monday. 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