Gold soars beyond $2,900 as Trump threatens fresh tariffs
Gold prices continue their record rally on Feb. 10, 2025 and broke through the key $2,900 level for the first time, driven by safe-haven demand as US President Donald Trump's new tariff threats amplified trade war and inflation concerns. Spot gold surged 1.6% to $2,905.24 per ounce, as of 01:45 p.m. ET (1845 GMT), after hitting a record high of $2,911.30 earlier in the session. US gold futures settled 1.6 percent higher at $2,934.40. Trump announced plans on Feb. 9 to impose an additional 25 percent tariff on all steel and aluminum imports. He also said he would announce reciprocal tariffs this week, matching rates imposed by other countries and applying them immediately.
REUTERS / LSEG / G4S HANDOUT
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Stitcher: https://tmt.ph/stitcher
Tune In: https://tmt.ph/tunein
Soundcloud: https://tmt.ph/soundcloud
#TheManilaTimes
#tmtnews
#gold
#donaldtrump
Gold prices continue their record rally on Feb. 10, 2025 and broke through the key $2,900 level for the first time, driven by safe-haven demand as US President Donald Trump's new tariff threats amplified trade war and inflation concerns. Spot gold surged 1.6% to $2,905.24 per ounce, as of 01:45 p.m. ET (1845 GMT), after hitting a record high of $2,911.30 earlier in the session. US gold futures settled 1.6 percent higher at $2,934.40. Trump announced plans on Feb. 9 to impose an additional 25 percent tariff on all steel and aluminum imports. He also said he would announce reciprocal tariffs this week, matching rates imposed by other countries and applying them immediately.
REUTERS / LSEG / G4S HANDOUT
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Stitcher: https://tmt.ph/stitcher
Tune In: https://tmt.ph/tunein
Soundcloud: https://tmt.ph/soundcloud
#TheManilaTimes
#tmtnews
#gold
#donaldtrump
Category
🗞
NewsTranscript
00:00In this way, on the 5th, we reached the level of 10%, more or less 10% reserve, which is
00:28already an acceptable standard.
00:39I think that the ECB Board, which will then be managed by the Bank, should consider the
00:46next steps.
00:48It's a way of seeing it like this.
00:50The thing is that in the case of the Portão, it's a control of release.
00:58Specifically, we mapped the main points of receipt.
01:02So it's already the second moment, it's the transport.
01:05It's already the second moment.
01:06In fact, it's the transport.
01:17Thank you very much.