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Title: Metals Gold rises 2% on safe haven flows after Trump’s renewed tariff threats
Source: CNBC
URL Source: https://www.cnbc.com/2025/05/23/gol ... nths-on-us-fiscal-worries.html
Published: May 23, 2025
Author: Staff
Post Date: 2025-05-23 12:15:52 by Esso
Keywords: None
Views: 2

Gold prices rose 2% on Friday and were headed for their best week in six, as investors sought the safe-haven asset amid renewed tariff threats from U.S. President Donald Trump and a weaker dollar.

Spot gold was up 1.6% at $3,345.99 an ounce. It rose as much as 2% earlier in the session. Bullion has risen 4.5% this week to touch a two- week high. U.S. gold futures also gained 1.6% to $3,346.60.

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