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Gold hits high of ₹85,370/10g as US-China trade war intensifies
The New Indian Express Coimbatore
|February 05, 2025
As the global trade war intensified after China clamped a 15% counter-tariff on American goods entering its shores, the safe-haven lure of the yellow metal continued on Tuesday, hitting a new all-time high of ₹85,370/10g, up ₹1,370 from Monday's close when, for the first time, the metal had crossed the ₹84,000 mark.
Monday's rally was in response to US President Donald Trump announcing 25% punitive import duties on Mexican and Canadian goods and a 10% additional duty on Chinese goods entering US soil.
Dit verhaal komt uit de February 05, 2025-editie van The New Indian Express Coimbatore.
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