Gold Holds Near Record High As Tariff Uncertainty Fuels Demand
Gold Rises as U.S. Levies Tariffs on Largest Trading Partners
The U.S. Dollar Is Still the World's Currency - but Maybe Not for Much Longer
Gold Futures Surge At Close As Us Tariffs Strike Canada, Mexico And China
Technical analysis of spot Gold on March 4.
The USD Index (DXY) latest report is 106.57, showing a slight retreat and fluctuating within the Range. A market observer stated, "The dollar is fluctuating at a high level, making it difficult for Gold to rise in the short term." In terms of USA economic data, the GDP growth rate for the fourth quarter is 2.3%, showing no signs of recession, which slightly dims Gold's safe-haven shine. Regarding inflation, the January CPI recorded 3%, which is 1 percentage point above the Federal Reserve's target, but there are signs that the pressure is easing. Analysts pointed out, "This month's non-farm data will be the main event; if employment data continues to slow down, Gold prices may welcome a new round of increases." Additionally, reports mentioned, "USA
Gold Rises on Safe-Haven Demand and a Weakening Dollar as the U.S. Readies Tariffs on Canada and Mexico