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Gold Approaches $3,150 as Markets Brace for Trump’s ‘Liberation Day’ Tariffs

Gold prices remained strong on Wednesday, trading at $3,128.62 an ounce after reaching a record high of $3,148.88 on Tuesday. Investors are cautiously waiting for President Trump’s tariff announcement scheduled for 2000 GMT, which he has promoted as “Liberation Day.” These proposed tariffs on multiple countries could potentially slow economic growth and escalate trade disputes. The precious metal has become a favored investment amid economic and geopolitical uncertainties, with prices now over $400 higher than when Trump took office in January. UBS forecasts gold could reach $3,200 per ounce, with potential to hit $3,500 if economic slowdown accelerates. This comes […]

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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.

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