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July 5, 2025July 5, 2025

Gold Climbs as Trump Confirms New Tariffs Starting August 1

Gold prices gained on Friday, heading for a 2% weekly rise, after former President Donald Trump announced that fresh tariffs would be imposed on several U.S. trading partners starting August 1. The move reignited investor interest in safe-haven assets amid renewed trade tensions. Spot gold climbed 0.5% to $3,341.48 an ounce by 1:23 p.m. in…

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Gold Climbs as USA
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