Gold price eyes $3,000 as bullion surges

Gold has firmly outpaced gains for the dollar since Trump was elected in November.

Feb 10, 2025 - 22:30
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Gold price eyes $3,000 as bullion surges

Gold costs surged to a new all-time high Monday, taking bullion's yr-to-date create past 10%, as global merchants appeared for stable-haven sources whereas bypassing Treasury bond purchases amid rising tariff and replace uncertainties tied to President Donald Trump.

Gold costs are now on lunge to top the $3,000 mark for the first time on document after hitting an all-time peak of $2,907 per ounce in in a single day trading following one other weekend of tariff threats from President Trump, this time tied to steel and aluminum imports and feedback that can elevate anxiety in regards to the destiny of some U.S. Treasury securities.

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