WS #13512
Gold hits seven-week high at $4,285-4,289/oz on weaker dollar, lower yields, and reduced Fed rate-hike odds (55% from 67%), with potential to reach $5,000. Trump administration to impose 15% tariff on polysilicon and price floors, while US has refunded ~$100B in tariffs, impacting solar and semiconductor supply chains.
Gold rally on Hormuz optimism and Fed expectations
Gold hits seven-week high at $4,285-4,289/oz on weaker dollar, lower yields, and reduced Fed rate-hike odds (55% from 67%), with potential to reach $5,000.
Trump administration to impose 15% tariff on polysilicon and price floors, while US has refunded ~$100B in tariffs, impacting solar and semiconductor supply chains.