COMMODITY
Gold futures finish higher on global trade war fears
Apr-01-2025
Gold futures finished higher on Monday, as the safe have appeal of the bullion boosted with the heighted global trade war fears ahead of President Donald Trump’s tariff roll-out. Reciprocal tariffs is set to take effect on Wednesday, and will be applicable to all nations, while additional automobile tariffs will follow on Thursday. Softer dollar and dip in bond yield notes also kindled the yellow metal rates.

Gold futures for April delivery rose by $59.40 or 1.92% to settle at $3,150.30 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $21.83 or 0.70% to $3,145.40 an ounce.

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