Gold Prices Boosted By A Rush To Safety Amid Trade War Fears

(Kitco News) - Gold prices quickly climbed in Asian trading on Friday, as investors rushed to safety amid escalating fears of a trade war following U.S. President Donald Trump’s announcement of tariffs on Chinese goods.

April Comex gold futures jumped to $1,336.70, up 0.70% on the day, while spot gold on Kitco.com was last trading at $1,337.00, up 0.63% on the day.

By Anna Golubova

For Kitco News

Follow annagolubovaagolubova@kitco.comwww.kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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