The price of gold soared to new all-time highs above $3,120 an ounce on Monday as economic and market uncertainty price strategy ramped up ahead of the start of Donald Trump's tariffs later in the week. Gold has climbed above $3,120 per ounce this morning, up from around $3,020 a week ago.
Nikkei and ASX 200 tumble amid rising US tariff risks and inflation fears, while China's PMI-driven optimism limits Hang Seng Index losses.
Gold edged higher in the early Asian session, supported by looming U.S. tariffs.
Gold price hits record high as Trump's tariff threats and inflation fears drive a strong gold rally supported by safe-haven demand and dovish Fed sentiment.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jared Woodard, head of the research investment committee at BofA Securities, joins 'The Exchange' to discuss the market sell-off, concerns about softness in consumer spending, his take on soaring gold prices, and more.
Gold's rally from the December low is approaching its final leg, with the potential for a spike above $3,200 before peaking in April.
Peter Navarro, White House senior counselor for trade and manufacturing, to discusses President Trump's tariff agenda.
Peter Navarro, White House senior counselor for trade and manufacturing, joins 'Squawk Box' to discuss President Trump's tariff agenda, how long the period of adjustment will be, bringing manufacturing back to the U.S., state of the economy, and more.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.