Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after lawmakers failed to reach a funding deal, though most Asian and European markets edged up.
The price of gold on the US futures market hit a record high Friday after customs authorities clarified that President Donald Trump’s fresh tariffs apply to some gold bars — threatening to upend global trading of the precious metal.
The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday after Donald Trump admitted that his global tariff blitz could see “a transition cost”.
Mwanzo Tv News
