March 07, 2018

Gold is down $3.40 trading at $1,330.90 after reaching its one-week high yesterday as President Trump doubled down on his proposed tariffs which shook the US dollar and caused his top economic advisor, Gary Cohn, to resign. Even with the slight dip, gold is up 1.6% this week as fears of a trade war become more plausible with several countries threatening retaliation if these tariffs go into effect.