Gold prices edged higher on Monday in Asian trading as the U.S. dollar weakened, while uncertainty over trade tariffs and geopolitical tensions supported safe-haven demand. Spot gold gained 0.3% to $2,865.69 per ounce, while April gold futures climbed 0.9% to $2,873.59.
The U.S. dollar slipped 0.4%, retreating from a two-week high amid uncertainty surrounding additional tariffs. President Donald Trump confirmed a 10% tariff increase on China and reaffirmed 25% levies on Mexico and Canada. However, U.S. Commerce Secretary Howard Lutnick stated that final tariff decisions would be made on Tuesday.
Meanwhile, stalled talks between Ukrainian President Volodymyr Zelenskyy and Trump raised concerns over prolonged geopolitical instability, further bolstering gold’s appeal. A weaker dollar also lifted other precious metals—platinum futures jumped 1.2% to $949.10, while silver futures climbed 0.7% to $31.73.
Economic data added to market speculation about future Federal Reserve policy. U.S. consumer sentiment dipped 0.2% in January, marking its first decline in nearly two years. The Atlanta Fed projected a 1.5% annualized economic growth rate for Q1 2025, down from 2.3% in the prior quarter. While expectations for rate cuts rose, inflation remained firm, with the Fed’s preferred PCE price index increasing 0.3% in January, the same as in December.
Copper prices saw modest gains, supported by a weaker dollar and strong manufacturing data from China. The Caixin PMI hit a three-month high, signaling better-than-expected factory activity. Benchmark copper futures on the London Metal Exchange edged up 0.3% to $9,985.70 per ton, while April copper futures hovered at $4.5595 per pound.


Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 



