Gold rises amid uncertainty over US trade policy

Gold prices rose on Tuesday, after falling in the previous session due to a market sell-off led by technology stocks, and as growing uncertainty over US President Donald Trump’s proposed tariffs kept investors focused on safe-haven assets.

Spot gold rose 0.4% to $2,751.66 an ounce by 1507 GMT.

The yellow metal fell more than 1% on Monday after a low-cost Chinese artificial intelligence model sparked a market sell-off.

US gold futures rose 0.3% to $2,746.70.

Trump said on Monday he planned to impose tariffs on imported microchips, pharmaceuticals and steel products to force producers to make them in the United States.