Gold faced challenges earlier in the day, with some selling pressure evident. Traders reacted to President Trump’s tariff policies, causing gold to move alongside other precious and industrial metals. However, as tensions rose, particularly with China’s response, gold enthusiasts became more active in the market today.

The trade war rhetoric has reignited interest in gold, with its traditional role as a safe haven asset coming into play. Investors are now closely monitoring how global markets react to the increasing threats of retaliation. This renewed focus on gold reflects a broader anxiety about future market conditions, making it an appealing asset once more.