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Macquarie: It is expected that gold prices may rise to a maximum of $3,500 in the third quarter.
Analysts at Macquarie Group stated that the safe-haven position may boost Gold to a record high of $3,500 per ounce in the third quarter.
The USA's key mineral self-supply plan has been unveiled: Trump plans to build Metal refining facilities at military bases.
According to reports, the USA President Trump is seeking to build a Metal refining facility at the Pentagon military base as part of his plan to enhance domestic critical mineral production.
The tariff stick backfires! Factories in the USA are now paying a "surcharge of anxiety" for Metal.
USA manufacturers are stockpiling in advance due to tariff expectations, causing prices of Aluminum, Steel, and Copper to soar, with costs far exceeding those of international peers, which undermines competitiveness and raises inflation concerns.
Australian Consumers Upbeat But Trade War Worries Linger
Gold Shines Bright as Biggest Jewelry Market Boosts Options Bets
World Gold Council: Will the tariffs from the USA affect the gold market?
In the future, the Gold market may still experience temporary fluctuations. However, there are indications that over time, the depth and liquidity of the Gold market are sufficient to withstand most shocks.
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