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Gold At Record High Following Higher-Than-Expected US Tariffs; Crude Oil Prices Fall 3% | CNBC TV18

Gold prices hit a record high on safe-haven buying after US President Trump announced more aggressive-than-anticipated tariffs against major trading partners. Spot gold rose 0.4% to $3,145.93 an ounce, after hitting an all-time high of $3,167.57 earlier in the session. US gold futures firmed 0.1% at $3,170.70.

Crude oil prices dropped on concerns that a global trade war may dampen demand for crude. Brent futures fell 2.63% to $72.98 a barrel, while US West Texas Intermediate crude futures declined 2.76% to $69.73.

#crudeoil #crudeoilprices #brentcrudeoilprices #goldprices #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

Read web story: https://www.cnbctv18.com/market/oil-declines-as-trump-wide-ranging-tariffs-threaten-demand-19583480.htm

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