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

Published: 18-03-2025, 10:45 am | Updated: 18-03-2025, 08:24 am ANZ Bank has increased its gold price forecasts to $3,100 per ounce for the next three months and $3,200 per ounce for the six-month outlook, according to a Tuesday research note. The bank maintains a bullish view on gold, citing escalating geopolitical and trade tensions, easing monetary policy, and strong central bank buying as major tailwinds. Gold has already gained over 14% this year, setting record highs 14 times as investors seek safe-haven assets amid economic concerns and Trump’s tariff policies.

Published: 18-03-2025, 09:30 am | Updated: 18-03-2025, 08:22 am Gold prices reached another record high, climbing to $3,028.24 an ounce on Tuesday as investors increasingly turn to the safe-haven asset amid escalating geopolitical and economic uncertainties. This marks gold’s 14th record high this year, with prices surging over 15% year-to-date after first breaking the $3,000 barrier on March 14. The rally is being fueled by what Saxo Bank’s Ole Hansen calls “a perfect storm of gold-supporting factors.” The surge is driven by two main factors: escalating violence in Gaza, where Israeli airstrikes have reportedly killed over 400 people and threatened

Published: 18-03-2025, 08:30 am | Updated: 18-03-2025, 08:13 am Gold prices surged to an unprecedented $3,028 per ounce, driven by a combination of intensifying Middle East conflict and growing worries about US economic health. Israel’s military strikes on Hamas targets in Gaza, which reportedly resulted in at least 322 casualties, underscored gold’s traditional role as a safe-haven asset during geopolitical crises. On the economic front, February’s US retail sales came in below forecasts, suggesting weakening consumer spending on goods, though not indicating a severe pullback. This data, coupled with deteriorating consumer sentiment and signs of financial stress, has reinforced gold’s