In recent market activity, the gold price, represented by XAUUSD, is holding firm above $2900. This upward trend occurs as renewed tariff threats from the United States add to global economic uncertainties. Traders are showing increased interest in gold as a safe-haven asset during these turbulent times.

The ongoing discussions regarding tariffs have implications for global trade and investment, further driving demand for gold. Investors are advised to monitor these developments closely as they may influence future price movements in the precious metals market.