Gold slips from record as Trump tariff agenda stays in spotlight
Gold edged down from a record as markets weighed the latest US trade news from President Donald Trump, who has driven a flight to safety assets amid mounting confusion over his tariff agenda. Bullion fell as much as 0.8% in early trading on Monday — following a gain of more than 6% last week that saw it trade above $3 245 an ounce for the first time. The dip came after a modest reprieve for the dollar from its recent rout, following the US pause on reciprocal tariffs on smartphones, computers and other electronics.
Gold edged down from a record as markets weighed the latest US trade news from President Donald Trump, who has driven a flight to safety assets amid mounting confusion over his tariff agenda.
Bullion fell as much as 0.8% in early trading on Monday — following a gain of more than 6% last week that saw it trade above $3 245 an ounce for the first time. The dip came after a modest reprieve for the dollar from its recent rout, following the US pause on reciprocal tariffs on smartphones, computers and other electronics.
