No Data
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.
How Trump's Tariffs Could Impact the Price of Gold
Gold Futures To See Cautious Trading Next Week
Express News | Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Fall, Possibly Due to a Delay in Tariffs. Also, Trump-Russia Talks May Reduce Safe-haven Asset Demand
Gold: Heads I Win, Tails You Lose – TDS
Gold Futures Close Higher On Growing Concerns Over Trump's Tariff Plans
104838493 : Middle East tension escalate will cause higher demand for gold .
D Blaine : “Gold is money. Everything else is credit.” (JP Morgan)
102692757 D Blaine : where jp morgan is one of the biggest issuer of fake products.
Blue Jets : Gold is highly valued in chips industry. AI era will make it more valuable