COMMODITY
Gold futures finish higher as trade war risks lift demand
Feb-14-2025

Gold futures finished higher on Thursday, on safe haven appeal of the bullion after the US President Donald Trump unveiled plans to impose reciprocal tariffs on countries taxing US imports. Meanwhile, the US producer inflation data came in stronger than expected, following a hot consumer inflation report on Wednesday. Additionally, ongoing trade war uncertainties, and softer dollar also supported yellow metal rates.

Gold futures for April delivery up by $16.70 or 0.57% to settle at $2,945.40 ounce on the Comex division of the New York Mercantile. However, spot gold down by $4.37 or 0.15% to $2,923.84 an ounce.


  RELATED NEWS >>