Strong safe-haven demand sees gold surge as stocks struggle
8 Articles
8 Articles
Strong safe-haven demand sees gold surge as stocks struggle – by Jim Wyckoff (Kitco News – April 10, 2025)
https://www.kitco.com/ (Kitco News) – Gold prices are posting very strong gains and silver is modestly up in midday U.S. trading Thursday. More robust safe-haven demand amid a wobbly U.S. stock market again amid worries about a U.S.-China trade war, as well as a cooler U.S. inflation report are propelling the precious metals traders late this ...
XAG/USD holds gains above $31.00 due to renewed safe-haven demand
Silver price surged as escalating US-China trade tensions reignited safe-haven demand. President Trump announced an immediate tariff hike on Chinese imports to 125% shortly after China raised duties. China’s Consumer Price Index fell 0.1% YoY in March, missing expectations for a 0.1% increase and extending February’s 0.7% drop. Silver price (XAG/USD) continues to climb for the second straight day, trading near $31.10 per troy ounce during Thursd…
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