Renewed Trade Tensions Drive Safe-Haven Sentiment, Pushing International Gold and Silver Prices Higher

Odaily News: Gold and silver prices rose, driven by safe-haven sentiment in early Asian trading. President Trump stated on Saturday that he would raise the rate of a global tariff to 15%, replacing several tariffs that were ruled illegal by the Supreme Court. ANZ Research analysts noted in a research report that Trump's latest move has reignited trade tensions, which could stimulate safe-haven buying and thus support gold and silver prices.