Back 08 May 2025

Gold hits one-week high on safe-haven demand, Fed decision loom ​  

Summary: Gold prices rose to a one-week high due to increased safe-haven demand driven by concerns over US President Trump’s tariff plans. Investors are also closely monitoring the upcoming Federal Reserve policy meeting for clues about the US central bank’s interest rate path.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-hits-one-week-high-safe-haven-demand-fed-decision-loom