Author:
Platform: Hive
Date: Friday 11 July 2025
Category: Finances
Asian Markets are already at morning journey. And Gold is beginning Monday approaching over the 3,400 USD. GOLD price is at 3,372 at the moment of this post.
Gold Prices Jump to $3,360/oz at Start of Week
As markets opened on Monday, gold prices surged to around $3,360 per ounce — marking a fourth straight session of gains.
The rally came after President Donald Trump announced new tariffs on the EU and Mexico, setting a 30% duty on imports and citing trade deficits as a “major threat” to national security.
This follows last week’s sweeping tariff hikes targeting over 20 countries — including Japan, South Korea, Canada, and Brazil — along with a steep 50% tariff on copper imports, set to take effect August 1.
Investors flocked to safe-haven assets like bullion amid growing trade tensions.
👀 All eyes are now on key U.S. economic data this week — CPI, PPI, industrial production, and retail sales — for clues on the Federal Reserve’s next move on interest rates.
Note that this information is not an Investment advice in any way. Do your own research.
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