Gold Rises as Trade Tensions Escalate Due to Trump's New Tariffs


https://www.saba.ye/en/news3514837.htm

Yemen News Agency SABA
Gold Rises as Trade Tensions Escalate Due to Trump's New Tariffs
[11/ July/2025]

Singapore - Saba:

Gold prices rose slightly in trading on Friday after US President Donald Trump announced new tariffs on Canada and other trading partners, while a stronger dollar limited the precious metal's gains.

Spot gold rose 0.3% to $3,333.41 per ounce, while US gold futures rose 0.5% to $3,344.50.
Trump announced on Thursday that the United States would impose a 35% tariff on imports from Canada and plans to impose uniform tariffs of between 15% and 20% on most of its other trading partners.