Gold prices hit over 2-month peak as dollar slips on signs of Trump tariffs

Quick Summary:

Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov.6 and nearing the all-time high of $2,790.

Both metals are used by automakers in engine exhausts to reduce emissions.

However, Trump suggested the US could impose tariffs on Canada and Mexico in the near future.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaMexico

Topics: Silver demand Silver prices Gold demand Gold prices Trump tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 17:47:46 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25318170

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Official Website: business-standard.com

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