Yvonne Yue Li

Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a broader escalation of his global trade war.

(Bloomberg) -- Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a broader escalation of his global trade war.

Gold pared gains as the dollar and Treasury yields pushed higher following a stronger-than-expected US jobs report.

Gold advanced as traders sought safety in the precious metal amid concerns over tariffs and inflation, even as a strong US jobs report supported the case for a pause in Federal Reserve interest-rate cuts.

US prices of metals and oil are surging above their international counterparts as traders increase bets President-elect Donald Trump will impose tariffs on imported goods.

(Bloomberg) -- US prices of metals and oil are rallying above other international benchmarks as traders increase bets President-elect Donald Trump will impose tariffs on imported goods.

The risk that President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London.

Gold rose as traders weighed the potential implications of US tariffs as well as other policies from President Donald Trump.

Gold climbed to its highest intraday level since the end of October, with traders monitoring the outlook for the global economy as US President Donald Trump continued sketching out his views on trade and immigration policies.

Gold pared losses after President Donald Trump reiterated his tariff threats and urged lower interest rates as he addressed world leaders gathered in Davos on Thursday.