Gold prices climbed on Monday as investors turned to safe-haven assets following renewed trade tensions. The uptick comes after U.S. Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s threats to impose tariffs on uncooperative trade partners.
A softer dollar also contributed to the metal’s gains, making gold more attractive to international buyers amid growing market uncertainty
President Donald Trump and Australian Prime Minister Anthony Albanese signed an agreement to ensure a stable supply of rare earths and critical minerals. The pact comes as China moves to tighten its grip on global access to these vital materials.
The U.S. Supreme Court has agreed to hear a Texas case backed by President Donald Trump’s administration defending a law that bans illegal drug users from owning firearms. The statute was among those used to charge Hunter Biden in 2023.
