GOLD: Safe-haven Demand is Rising?-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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GOLD: Safe-haven Demand is Rising?

XAUUSD Gold Traders
2025-03-05

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2504(GCmain)$ At the beginning of the Asian market on Wednesday (5 March), spot gold was high and narrowly oscillating, currently trading near $2910.90. In the context of the escalation of trade conflict after President Donald Trump imposed new tariffs, the dollar weakened to nearly three-month lows, increased safe-haven demand, pushing gold prices up 0.84% (about $24) to $2917.56 on Tuesday, and the highest during the session had touched $2,927.66 for the second consecutive trading day of gains.

The price of gold rose sharply on Tuesday (4 March) on the back of increased safe-haven demand as the US dollar weakened in the wake of escalating trade conflict following US President Donald Trump's imposition of new tariffs

Gold closed Tuesday's trading session soaring $24.68, or 0.85 per cent, at $2,917.53.

Gold prices soared on Tuesday as investors sought safe-haven due to uncertainty over trade policy. The U.S. imposed 25% tariffs on Mexico and Canada, which enhanced the appeal of gold.

The Atlanta Fed's GDP Now model downgraded its forecast for the U.S. in the first quarter of 2025 to a contraction of -2.8 per cent from growth of 1.6 per cent, raising fears of a U.S. recession.

As a result, traders seeking safety bought gold, pushing the price above $2,900.

So far this year, the price of gold has risen nearly 11% and hit a new all-time high of 2956.15 on 24 February.

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JimmyHua
·2025-03-05
i think gold will continue to rise
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In the context of the escalation of trade conflict after President Donald Trump imposed new tariffs, the dollar weakened to nearly three-month lows, increased safe-haven demand, pushing gold prices up 0.84% (about $24) to $2917.56 on Tuesday, and the highest during the session had touched $2,927.66 for the second consecutive trading day of gains.                                   </p><p>The price of gold rose sharply on Tuesday (4 March) on the back of increased safe-haven demand as the US dollar weakened in the wake of escalating trade conflict following US President Donald Trump's imposition of new tariffs</p><p>Gold closed Tuesday's trading session soaring $24.68, or 0.85 per cent, at $2,917.53.</p><p>Gold prices soared on Tuesday as investors sought safe-haven due to uncertainty over trade policy. The U.S. imposed 25% tariffs on Mexico and Canada, which enhanced the appeal of gold.</p><p>The Atlanta Fed's GDP Now model downgraded its forecast for the U.S. in the first quarter of 2025 to a contraction of -2.8 per cent from growth of 1.6 per cent, raising fears of a U.S. recession.</p><p>As a result, traders seeking safety bought gold, pushing the price above $2,900.</p><p>So far this year, the price of gold has risen nearly 11% and hit a new all-time high of 2956.15 on 24 February. </p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a>  <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2504\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2504(GCmain)$</a> At the beginning of the Asian market on Wednesday (5 March), spot gold was high and narrowly oscillating, currently trading near $2910.90. In the context of the escalation of trade conflict after President Donald Trump imposed new tariffs, the dollar weakened to nearly three-month lows, increased safe-haven demand, pushing gold prices up 0.84% (about $24) to $2917.56 on Tuesday, and the highest during the session had touched $2,927.66 for the second consecutive trading day of gains.                                   </p><p>The price of gold rose sharply on Tuesday (4 March) on the back of increased safe-haven demand as the US dollar weakened in the wake of escalating trade conflict following US President Donald Trump's imposition of new tariffs</p><p>Gold closed Tuesday's trading session soaring $24.68, or 0.85 per cent, at $2,917.53.</p><p>Gold prices soared on Tuesday as investors sought safe-haven due to uncertainty over trade policy. The U.S. imposed 25% tariffs on Mexico and Canada, which enhanced the appeal of gold.</p><p>The Atlanta Fed's GDP Now model downgraded its forecast for the U.S. in the first quarter of 2025 to a contraction of -2.8 per cent from growth of 1.6 per cent, raising fears of a U.S. recession.</p><p>As a result, traders seeking safety bought gold, pushing the price above $2,900.</p><p>So far this year, the price of gold has risen nearly 11% and hit a new all-time high of 2956.15 on 24 February. </p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p></p></body></html>","text":"$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2504(GCmain)$ At the beginning of the Asian market on Wednesday (5 March), spot gold was high and narrowly oscillating, currently trading near $2910.90. In the context of the escalation of trade conflict after President Donald Trump imposed new tariffs, the dollar weakened to nearly three-month lows, increased safe-haven demand, pushing gold prices up 0.84% (about $24) to $2917.56 on Tuesday, and the highest during the session had touched $2,927.66 for the second consecutive trading day of gains. The price of gold rose sharply on Tuesday (4 March) on the back of increased safe-haven demand as the US dollar weakened in the wake of escalating trade conflict following US President Donald Trump's imposition of new tariffs Gold closed Tuesday's trading session soaring $24.68, or 0.85 per cent, at $2,917.53. Gold prices soared on Tuesday as investors sought safe-haven due to uncertainty over trade policy. The U.S. imposed 25% tariffs on Mexico and Canada, which enhanced the appeal of gold. The Atlanta Fed's GDP Now model downgraded its forecast for the U.S. in the first quarter of 2025 to a contraction of -2.8 per cent from growth of 1.6 per cent, raising fears of a U.S. recession. As a result, traders seeking safety bought gold, pushing the price above $2,900. So far this year, the price of gold has risen nearly 11% and hit a new all-time high of 2956.15 on 24 February. 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