Precious metals unable to avoid wide-ranging sell-offs amid Trump tariffs
Although precious metals dodged the reciprocal import tariffs that US President Donald Trump announced last week, they were unable to avoid the wide-ranging sell-off that hit most assets, Heraeus Precious Metals has said. In a report published on April 7, the company said gold performed its role as a safe haven with a much more modest loss than many other precious metals assets.
Although precious metals dodged the reciprocal import tariffs that US President Donald Trump announced last week, they were unable to avoid the wide-ranging sell-off that hit most assets, Heraeus Precious Metals has said. In a report published on April 7, the company said gold performed its role as a safe haven with a much more modest loss than many other precious metals assets.
