Tuesday, 15 April 2025

Gold rises 2.3% after China imposes new tariffs on US

Gold rose more than 2.3% after China imposed new tariffs on US imports.

China announced raising tariffs on US goods to 84% and placing six US entities on a list of untrustworthy companies.

The United States imposed 104% tariffs on China effective today.

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In trading, spot gold futures jumped 2.3%, or $97.7, to $3,087.90 per ounce.

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