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GOLD: Gold Opens Cautiously in Asia As Tariff Risk Heightens. 

GOLD
  • Gold has had a stellar start to 2025 and last week delivered the best weekly gains thus far.
  • Gold gained +2.4% last week driven by a ‘safe-haven’ bid in the face of mounting tariff risks.
  • This week has started no differently with news that President Trump intends to levy up to 25% tariffs on Colombia following the turning away of a flight from the US, deporting illegal immigrants.
  • Gold closed Friday at US$2,770.58 and has given some of that back in early trading, down to $2,767.00
  • Over the weekend Ghana’s released it’s trade surplus details, rising US$5bn, driven by a 50% increase in gold exports to $11.6bn. 
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  • Gold has had a stellar start to 2025 and last week delivered the best weekly gains thus far.
  • Gold gained +2.4% last week driven by a ‘safe-haven’ bid in the face of mounting tariff risks.
  • This week has started no differently with news that President Trump intends to levy up to 25% tariffs on Colombia following the turning away of a flight from the US, deporting illegal immigrants.
  • Gold closed Friday at US$2,770.58 and has given some of that back in early trading, down to $2,767.00
  • Over the weekend Ghana’s released it’s trade surplus details, rising US$5bn, driven by a 50% increase in gold exports to $11.6bn.