Gold climbs to 11-week peak as dollar falls on signs of gradual Trump tariffs


Gold prices climbed to their highest level in nearly 11 weeks on Tuesday as the U.S. dollar slumped following President Donald Trump's inauguration and investors sought the safe-haven metal to hedge against uncertainty sparked by his tariff plans.

Spot gold climbed 0.7% to $2,725.70 per ounce by 0804 GMT and hit its highest since Nov. 6, not far from an all-time high of $2,790.15 scaled in October.

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Gold , US dollar , Donald Trump , safe-haven , metal , tariff

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