One analyst said the Trump administration tacking on new tariffs was “precisely what the market feared.”
ByTy Roush
ByTy Roush,
Forbes Staff.
The value of U.S. gold futures rose to a record high Friday, after the Trump administration tacked on “surprise” tariffs that some economists warned could disrupt global bullion trade.
U.S. gold futures, often relied on by investors to hedge positions, rose to an all-time high of just over $3,534 per troy ounce on the New York Mercantile Exchange early Friday.
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