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Gold surges past US$3,100 as US tariffs, uncertainty propel safe-haven flows

The Star LogoThe Star1d ago

Gold surges past US$3,100 as US tariffs, uncertainty propel safe-haven flows - The Star

Quick Summary:

Gold prices on Monday soared above $3,100 per ounce for the first time as concerns around U.S.

President Donald Trump's tariffs and the potential economic fallout, combined with geopolitical worries, drove a fresh wave of investments into the safe-haven asset.

We remain constructive on the outlook of gold amid ongoing global trade friction and uncertainty," said analysts at OCBC.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 11:14:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27458621

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 11 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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  • News ID: #27458621
  • URL: https://chronographically.beamstart.com/news/gold-surges-past-us3100-as-17433909186169

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