Publisher: Maaal International Media Company
License: 465734
Gold prices rose slightly in today’s trading after US President Donald Trump announced new tariffs on Canadian imports and threatened to take similar action against other trading partners. A strong dollar limited the precious metal’s gains amid escalating global trade tensions.
Spot gold rose 0.3% to $3,333.41 per ounce, while US gold futures rose 0.5% to $3,344.50.
Trump announced on Thursday that the United States would impose a 35% tariff on imports from Canada and plans to impose uniform tariffs of between 15% and 20% on most of its other trading partners.