Gold Jumps Over 1% As Dollar Weakens, Trade Tensions Resurface

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Gold Jumps Over 1% As Dollar Weakens, Trade Tensions Resurface Published By : Reuters Last Updated: May 19, 2025, 08:34 IST Gold prices rose over 1% as the dollar weakened and U.S. Treasury Secretary Scott Bessent reaffirmed President Trump's tariff threats. Spot gold was up 1.4% at $3,247.40 an ounce as of 0025 GMT. U.S. gold futures gained 2% to $3,251.90. Gold prices rose more than 1% on Monday as the dollar weakened and as U.S. Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s tariff threats, boosting safe-haven demand amid renewed trade tensions. Recommended Stories Spot gold was up 1.4%...