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Gold prices climb 1% as US tariffs take effect, dollar wavers

The Star LogoThe Star2w ago

Gold prices climb 1% as US tariffs take effect, dollar wavers - The Star

Quick Summary:

GOLD prices rose 1% on Wednesday as the dollar weakened after U.S.

President Donald Trump's tariffs on China took effect, with most traders flocking to safe-haven bullion for cover as global trade tensions and recession fears intensified.

Spot silver was steady at $29.84 an ounce, platinum lost 0.2% to $919.10, and palladium firmed 0.2% to $908.81.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 13:46:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 375 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27749078

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 8 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Gold prices climb 1% as US tariffs take effect, dollar wavers" has 375 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Gold prices climb 1% as US tariffs take effect, dollar wavers" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 8 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #27749078
  • URL: https://tessjds.beamstart.com/news/gold-prices-climb-1-as-17441786476068

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