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Gold Rises to a New Record
Gold Rises to a New Record as Trump Embarks on China Trade War
Gold rose to a new all-time high after US President Donald Trump’s 10% tariffs on China prompted swift retaliation from Beijing, buoying haven demand.
US-China trade war spurs record-breaking rally in gold
Gold prices climbed 1% on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating U.S.-China trade war and its impact on economic growth.
Gold Surges Amid US Dollar Volatility: US-China Trade War and Market Impact
Gold has surged to new record levels due to uncertainty from the US-China trade war, while the US dollar exhibits strong volatility.
China, Trump
China counters Trump tariffs with taxes on US goods
China is imposing tariffs on U.S. goods following President Trump's decision to enact a 10% tariff on imported Chinese products.
China's rapid tariff response shows Beijing is ready for Trump
China's targeted and calibrated response to Trump's tariffs doesn't mean Beijing is backing down, economists told Business Insider.
China Retaliates Against Trump’s Tariffs With New Levies on U.S.
China announced retaliatory tariffs on certain American goods in response to President Trump’s latest levy on Chinese goods. Trump went ahead with an additional 10% tariff on China after delaying levies on Mexico and Canada.
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5h
Xi Focus: Turning ice and snow into gold
Guided by Xi's vision, the province has made sustained efforts to turn itself into a world-class winter tourist destination.
2d
China’s holiday gold-buying frenzy continues despite global price rises
Spring Festival holidays sparked a gold purchase rush among consumers, even as the price of spot gold hit a record of $2,830 ...
9d
China Continues Making Covert Gold Purchases In London
Direct gold exports from the U.K. to China - a proxy for PBoC purchases - remained impressively strong in November, at 50 ...
9d
Big Take Asia: China’s Enduring Fascination With Gold
So much so that Chinese consumers helped propel the global gold price to record highs in 2024. On today's Big Take Asia podcast, K. Oanh Ha talks to Bloomberg's Chongjing Li about the enduring appeal ...
17h
on MSN
Why a Chinese Gold Mania May Be Starting
China's futures traders drove a remarkable $400 surge in gold prices this past spring, and now they are positioned to propel ...
1d
Hang Seng Index: Markets React to China Tariffs as Services PMI Signals Weakness
Asian markets mixed as US-China trade tensions rise. Hang Seng dips, Nikkei holds steady, and ASX 200 gains on Wall Street ...
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1d
India beats China to be world's biggest gold jewellery consumer in 2024
India's jewellery consumption stood at 563.4 tons in 2024, surpassing China’s 511.4 tons and reinforcing the South Asian ...
1d
Gold strategy on February 5: Support at Rs 82,450; Resistance at Rs 85,000
Gold may extend its rally further with Rs 85,000 as the next major target; however, it is looking expensive, so caution is ...
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