Gold prices hold near record highs as US tariff concerns linger

Quick Summary:

GOLD prices firmed on Tuesday, holding near a record peak hit in the previous session, as lingering U.S.tariff and inflation concerns boosted safe-haven demand, while focus was also on key jobs data due this week.

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Bullion is traditionally considered a hedge against both inflation and geopolitical uncertainty.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaCanadaChinaHong KongMexicoUnited States

Topics: Bullion Dollar Metal /Business/Business News Commodities Precious Gold Futures

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 11:19:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 25870447

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 46 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 34 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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