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Gold is currently testing the major resistance zone between $3039 and $3056. Currently, the bullish trend of gold is still active due to the search for safe haven assets due to Donald Trump’s tariffs and geopolitical tensions. Gold is currently testing major resistance if it crosses $3056 it will be more bullish. And if the…
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Gold traded at a fresh record high early on Wednesday as safe-haven buying amid U.S tariff threats continues to support the metal. Gold for April delivery was last seen up US$7.70 to US$2,956.70 per ounce, rising from Tuesday’s record close. The rise comes as fresh tariff promises from U.S. President Donald Trump continue to roil…
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Gold prices are lingering just beneath their historic zenith, having shattered multiple records over the past year. On Wednesday, continuous gold futures on the New York Mercantile Exchange ascended to an intraday pinnacle of $2,964.40 per ounce, narrowly missing the all-time high of $2,968.50 per ounce established on February 11. Philip Newman, Managing Director and…