Gold Prices Rebound Amid Economic Uncertainties

In a notable shift, gold prices experienced a 1% increase on Tuesday, marking a partial recovery from the previous day's downturn. This movement comes as investors increasingly turn to safe-haven assets, driven by fears of a global recession and heightened market volatility.

Market Reactions to Tariff Announcements

The anticipation of responses from Europe and China to the latest tariff threats by United States President Donald Trump has further fueled market uncertainties. Investors are closely monitoring these developments, concerned about their potential impact on the global economy.

Precious Metals Performance

At 3:11 am ET, gold was trading at $3,012.67 per ounce, up by 1.01%. Silver also saw a modest increase of 0.23%, reaching $30.19 per ounce by 3:14 am ET. Shortly after, platinum and palladium prices jumped by 1.41% and 1.35% respectively, highlighting a broad uplift in precious metals.