Gold surges to new record high after Trump’s repeated attacks on US Fed chief
- Gold prices climbed to an all-time peak on Tuesday.
- President Trump's critical comments about Federal Reserve Chair Jerome Powell caused market worries.
- Trump frequently assailed Chair Powell, demanding immediate interest rate cuts.
- The price of gold reached $3,500.05 per ounce, a new record.
- Demand for safe-haven assets increased, pushing gold's value higher.
171 Articles
171 Articles
Gold prices soar as economic uncertainty grows
By WYATTE GRANTHAM-PHILIPS NEW YORK (AP) — As economic uncertainty deepens around the world, gold prices have reached ever-higher all-time highs. That’s because gold sales can increase dramatically as anxious investors seek “safe havens” to park their money. Gold’s current rally comes as U.S. President Donald Trump announces new tariffs on both economic allies and adversaries, roiling financial markets and threatening to reignite inflation for f…
Coverage Details
Bias Distribution
- 49% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage