The expectations for tariffs continue to ferment, causing significant fluctuations in Copper within a week.

Recently, the main factors driving the prices of gold and copper are expectations regarding tariffs. In addition to the anticipated 25% tariffs on Canada and Mexico, many Institutions predict that the Trump administration may impose a 10% tax on imported refined copper. Gold and copper prices on COMEX continue to strengthen, especially the premium of copper prices compared to other market prices has rapidly widened, reaching a historic high. On Friday, copper prices fell sharply; on one hand, USA retail data showed significant weakness, and on the other hand, there may be new news about tariffs, causing price spreads to narrow significantly as prices fell, with gold prices also following suit in the correction.

CME Group21:35 ET

How Trump's Tariffs Could Impact the Price of Gold

MarketWatchFeb 15 12:12 ET

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BernamaFeb 14 21:20 ET

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FXStreetFeb 14 10:36 ET

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BernamaFeb 14 06:14 ET

Gold remains popular! On Valentine's Day, a visit to the Shenzhen Shuibei market revealed that the price of gold jewelry is approaching 700 yuan, with Volume increasing by 40%.

① Recently, the price of Gold varies each day, and it is expected to rise further. The flow of people and trade volume have increased by about 20-40% since after the holiday; ② After the expectations and price increases, the Gold recycling business has also become more popular.

cls.cnFeb 14 04:15 ET