Created
: 2025.02.04
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Gold hits record high on Trump tariffs - ING
Breaking news
Gold hits record high on Trump tariffs - ING
New
2025.02.04 19:18
2025.02.04 19:18
2025.02.04 19:18
Gold rose to a new all-time high after US President Donald Trump imposed tariffs on Canada, Mexico and China, driving investors to safe havens, ING's commodity analysts Warren Patterson and Ewa Manthey notes.
Gold is at a new record high
"However, the strength in the USD did provide some strong headwinds to Gold prices through the day yesterday. Despite the US coming to a deal with Canada and Mexico, which will see tariffs delayed by at least a month, the uncertainty over trade and tariffs continues to buoy Gold prices. "
"Total known Gold ETF holdings have increased by more than 590k oz this year to 83.4m oz amid a move to safe-haven assets."
Last updated
: 2025.02.04
Related articles
Copper price forms of an Inverse Head and Shoulders - BBH
2025.02.04 19:26Gold hits record high on Trump tariffs - ING
2025.02.04 19:17Gold consolidates as US-China trade war fears escalate
2025.02.04 18:46Silver price today: Silver rises, according to FXStreet data
2025.02.04 18:28Silver Price Forecast: XAG/USD bulls await move beyond $31.70-$31.75 horizontal barrier
2025.02.04 18:06Gold price stands firm near record high; overbought RSI warrants caution for bulls
2025.02.04 13:46
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/MXN rebounds to near 20.50 as Mexican Peso erases some gains
The USD/MXN pair bounces back to near $20.50 in Tuesday's European session after nosediving from Monday's high of 21.29.
New
2025.02.04 20:54USD/CAD trades cautiously above 1.4400 as Trump delays tariffs on Canada
The USD/CAD pair trades with caution around 1.4430 in Tuesday's European session.
New
2025.02.04 19:51USD/CNH: Likely to trade between 7.2950 and 7.3400 - UOB Group
Outlook is mixed; USD is likely to trade between 7.2950 and 7.3400. In the longer run, a breach of 7.2950 would mean that USD is likely to trade in a range instead of advancing further, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.02.04 19:42Copper price forms of an Inverse Head and Shoulders - BBH
LME Copper has recently defended the ascending trend line drawn since 2022 (now at 8860), BBH analysts report.
New
2025.02.04 19:26USD/JPY: To trade in an erratic manner - UOB Group
US Dollar (USD) could continue to trade in an erratic manner, probably in a range of 154.50/156.00. In the longer run, for the time being, USD is likely to trade in a 153.70/156.70 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.02.04 19:24USD/CNH: Brief pullback is taking shape - BBH
USD/CNH has struggled to overcome crucial graphical hurdle of 7.37 representing highs of 2022/2023, BBH FX analysts report.
New
2025.02.04 19:19Gold hits record high on Trump tariffs - ING
Gold rose to a new all-time high after US President Donald Trump imposed tariffs on Canada, Mexico and China, driving investors to safe havens, ING's commodity analysts Warren Patterson and Ewa Manthey notes.
New
2025.02.04 19:17GBP: The big winner in the tariff saga - ING
The pound emerged as a safe haven among pro-cyclical currencies yesterday, and seems to be retaining some solid footing after an American trade war was averted, ING's FX analysts Francesco Pesole notes.
New
2025.02.04 19:14NZD/USD: To trade in a range between 0.5570 and 0.5670 - UOB Group
Outlook is unclear; New Zealand (NZD) could trade in a range between 0.5570 and 0.5670. In the longer run, current price movements are likely part of a 0.5510/0.5705 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.02.04 19:12USD: Rethinking FX reaction functions after the trade drama - ING
To sum up yesterday's events, the US struck a deal with Mexico first and Canada and all parties agreed to delay tariffs by at least a month.
New
2025.02.04 19:08Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
