100 Days In: Trump’s ‘Strategic Uncertainty’ on Tariffs Leaves Markets Guessing

Published: 04-01-2025, 12:30 pm | Updated: 04-01-2025, 09:29 am Global stocks rose Tuesday while gold hit a new record of $3,148.88 per ounce as markets await Trump’s “Liberation Day” tariff announcement on April 2. Safe-haven assets gained strength with Treasury yields dropping and the Japanese yen and Swiss franc holding firm. European stocks increased 0.9% by midday, with pharmaceutical and tech sectors leading the recovery. The U.S. Trade Representative released a lengthy report on foreign trade barriers, but its relationship to Trump’s tariff plans remains unknown. According to The Washington Post, White House aides have drafted a proposal for roughly

Published: 04-01-2025, 11:15 am | Updated: 04-01-2025, 09:22 am South African mining stocks posted their strongest monthly performance since records began in 1995, jumping 33% in March on the back of surging gold prices. This exceptional performance shielded South Africa’s benchmark FTSE/JSE All Share Index from global market volatility, allowing it to gain 3.1% for the month and outperform both emerging-market peers and US equities. Gold producers dominated the gains, with Harmony Gold Mining Co. and Sibanye Stillwater Ltd. both soaring 48% to become the benchmark’s top performers. Gold has hit multiple record highs this year, approaching $3,150 an ounce,

Published: 04-01-2025, 10:00 am | Updated: 04-01-2025, 08:59 am Gold just had its best quarter in nearly 40 years, with prices hitting a record $3,150.30 — up 19.3% in the first quarter of 2025. This is the strongest performance since the third quarter of 1986, with 18 record-high closings already this year. Two main factors are driving gold’s surge: – Central banks (especially China) are buying gold to reduce their dependency on the U.S. dollar after Russian assets were frozen – Strong retail demand, with gold bars becoming a top seller at Costco and investors pouring money into gold ETFs