Gold steadies near all-time high on Trump tariff concerns
Gold prices hovered near a record high on Tuesday, supported by safe-haven demand amid concerns over U.S. President Donald Trump's tariff plans which could fuel inflation and escalate a global trade war.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-118543443»> * Spot gold was little changed at $2,949.46 an ounce as of 0105 GMT, about $7 shy of the all-time high of $2,956.15 scaled in the previous session.
* U.S. gold futures steadied at $2,965.
* Trump on Monday said that tariffs on Canadian and Mexican imports are «on time and on schedule» despite efforts by the countries to beef up border security and halt the flow of fentanyl into the U.S. ahead of a March 4 deadline.
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