Gold surged to a new all-time high this week, climbing past its November peak by roughly $10, as growing unease over U.S. trade policy sparks renewed safe-haven flows.<\/p>\n
The rally comes amid speculation that the Trump administration could impose fresh tariffs on major partners Mexico and Canada, with an announcement potentially arriving as soon as February 1. At the same time, uncertainty lingers over China\u2019s trade status\u2014reports suggest Washington remains \u201cnot close at all to making a decision,\u201d though Beijing has signaled some concessions on issues such as TikTok.<\/p>\n
On the charts, XAU\/USD retains strong bullish momentum. The daily setup suggests a test of the $2,800 level may be imminent. While oscillators are approaching overbought conditions, they remain short of signaling exhaustion, leaving room for additional upside in the near term.<\/p>\n
Analysts note that political unpredictability has reinforced gold\u2019s role as the go-to hedge against volatility. With equity markets vulnerable to tariff headlines and the dollar facing mixed drivers, gold\u2019s breakout may continue to attract capital flows from both institutional and retail investors.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gold surged to a new all-time high this week, climbing past its November peak by roughly $10, as growing unease over U.S. trade policy sparks renewed safe-haven flows. Tariff Fears Drive Demand The rally comes amid speculation that the Trump administration could impose fresh tariffs on major partners Mexico and Canada, with an announcement potentially…<\/p>\n","protected":false},"author":1,"featured_media":2196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-2195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-news","category-market-insights"],"acf":[],"yoast_head":"\n