Gold Surges to Record Highs as Investors Eye US China Trade Negotiation Prospects
GOLD was closed on weekly higher levels after testing the low level of $ 3193 in the same weekly trading session and made a new record high level of 3357 as demand for safe-haven assets rises amid US trade policy uncertainty, driven by shifting tariff headlines. The Trump administration explores tariffs on semiconductor and pharmaceutical imports while delaying auto tariffs and suspending some tech levies.
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