Gold pierced through the psychological milestone of US$3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and US rate cut bets supercharge its appeal as a safe store of value.

Safe-haven gold rises above US$3,000 for first time

Gold prices rose more than 1% to an all-time high on Thursday as elevated tariff uncertainty and bets on monetary policy easing by the Federal Reserve kept bullion's appeal strong.

Gold scales record high as tariff uncertainty, rate cut bets lift demand

Gold’s burgeoning safe-haven allure may see it surge to a record high of US$3,500 (RM15,522) an ounce during the third quarter, according to Macquarie Group analysts.

Gold may rise as high as US$3,500 in 3Q, Macquarie says

Copper will hit US$10,000 (RM44,350) a tonne in the coming three months, according to Citigroup Inc, which said the global market will remain tight until the timeline for US import tariffs becomes clearer.

Copper can reach US$10,000 before tariffs bite, says Citigroup

The world’s biggest jewellery market is boosting its gold bets.

With the precious metal setting successive records this year, jewelers and retail traders in India are turning to options on gold futures both for speculation and to hedge physical holdings. Cheaper than futures, the bets have gained new appeal with the recent surge in bullion, according to Sugandha Sachdeva, the founder of financial research firm SS WealthStreet.

Gold shines bright as biggest jewellery market boosts options bets

The gold futures market on Bursa Malaysia Derivatives is expected to trade on cautious mode next week.

Gold futures expected to trade on cautious mode next week

Gold rose after US President Donald Trump delivered on threats to hit Canada and Mexico with sweeping tariffs and doubled a charge on China, spurring swift reprisals.

Bullion climbed above US$2,915 (RM13,005.70) an ounce as Beijing announced 15% duties on some American farm goods, including cotton.

Gold rises as worsening trade war boosts demand for haven assets

Gold prices fell over 1% to their lowest level in more than a week on Thursday, as the US dollar firmed, while investors awaited a key inflation print that could offer clues on the Federal Reserve's monetary policy.

Gold falls over 1% as dollar firms, inflation data in focus

Indonesian President Prabowo Subianto launched two "bullion banks" on Wednesday that will provide gold deposit services to help keep stocks of gold onshore as the country looks to develop its commodity sector beyond mining. Southeast Asia's largest economy is one of the world's top gold producers, but Prabowo has said that a lot of gold mined in Indonesia ends up being held overseas.

President Prabowo launches Indonesia's first bullion banks

Gold held steady near a record high on Tuesday, underpinned by safe-haven demand on concerns that US President Donald Trump's tariff plans could fuel inflation and trigger a major global trade war.

Gold hovers near record high on Trump tariff worries

Gold prices edged up to hover near recent record highs on Monday, helped by weakness in the US dollar, with attention shifting to a key US inflation report set for release later this week.

Spot gold rose 0.1% to US$2,939.15 an ounce as of 0444 GMT. Bullion had scaled an all-time high of US$2,954.69 on Thursday.

Gold hovers near record peak on weaker US dollar; US data eyed

Singapore’s Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders grapple with disruptions in key bullion hubs and increased haven demand.

Singapore’s Abaxx Exchange plans gold futures as metal surges

Gold prices rose to a record high on Thursday as investors turned to bullion for safety on fears US President Donald Trump's tariff plans would stoke inflation and a global trade war.

Spot gold was up 0.5% at US$2,945.83 an ounce, as of 0621 GMT, after hitting a record high of US$2,947.11 earlier in the session.

Gold scales new high on Trump tariff concerns

Gold prices advanced to an all-time high on Wednesday, as trade war tensions and concerns over global economic growth drove safe-haven flows, following US President Donald Trump's new tariff threats.

Tariff threats pave way to safe-haven gold's all-time high

The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

Trump administration weighs travel ban on dozens of countries, memo says

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

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Unconventional Economic Wisdom: Europe’s Powerful Tool Against Russia

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

New Canadian PM Carney says there’s progress in US trade talks

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

Vance tells NBC ‘high-level’ TikTok deal expected by April deadline

EDGE WEEKLY: Dispelling aspersons surrounding EPF’s 6.3% dividend for 2024

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine, even as President Vladimir Putin appeared to reject US calls for immediate halt to the violence.

Trump optimistic about Ukraine ceasefire even as Putin balks

The Senate passed a Republican spending plan on Friday, averting a US government shutdown hours before a midnight deadline while exacerbating a furious struggle within the Democratic party over how to confront President Donald Trump.

US averts govt shutdown as Senate passes GOP spending bill

Apple Inc’s top executive overseeing its Siri virtual assistant told staff that delays to key features had been ugly and embarrassing, and a decision to publicly promote the technology before it was ready made matters worse.

Apple’s Siri chief calls AI delays ugly and embarrassing, promises fixes

Incoming Intel Corp chief executive officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about US$69 million (RM306.71 million) if he reaches targets over the coming years.

Intel’s new CEO gets pay package valued at about US$69m

Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Prime Minister Datuk Seri Anwar Ibrahim.

Trade wars, tariffs and sanctions weaponised in broader struggle for dominance, says Anwar

Ailing oil and gas player&nbsp;Sapura Energy Bhd (KL:SAPNRG) has been in the news over the past week, but none of the flashes seem to paint a rosy picture of the company.

Rescue mission for Sapura Energy

Incoming Intel Corp chief executive officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about US$69 million (RM306.71 million)&nbsp;if he reaches targets over the coming years.&nbsp;

Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Prime Minister Datuk Seri Anwar Ibrahim.

US&nbsp;equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high, with investors still showing some signs of anxiety about the economic impact of tariffs.

Stocks rebound after S&P 500 correction; safe-haven gold touches record

Apple Inc’s top executive overseeing its Siri virtual assistant told staff that delays to key features had been ugly and embarrassing, and a decision to publicly promote the technology before it was ready made matters worse.

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine, even as President Vladimir Putin appeared to reject US calls for immediate halt to the violence.

The Senate passed a Republican spending plan on Friday, averting a US government shutdown hours before a midnight deadline while exacerbating a furious struggle within the Democratic party over how to confront President Donald Trump.&nbsp;

The&nbsp;Trump&nbsp;administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

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Precious Metals

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Precious Metals

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