On April 10, US markets closed on a low note as renewed fears over President Trump’s escalating trade war with China erased much of the previous day’s gains. Following a temporary respite in tariffs, investor sentiment quickly soured. The S&P 500 and Nasdaq saw significant declines, highlighting concerns over the long-term impacts of trade tensions. Amid this turmoil, gold prices soared, attracting investors looking for safe havens amid the uncertainty surrounding the dollar. As geopolitical tensions rise, market participants will want to pay close attention to both gold and currency movements, assessing how they align with these ongoing economic challenges. The volatility indicates a heightened risk environment for traders engaging in forex and commodities.