Spot Gold Extends Gains in Biggest Intraday Jump in Five Years
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Gold extended gains for the biggest intraday jump in five years as global markets gyrated and bonds sold off after US President Donald Trump imposed sweeping new import tariffs and China and Europe hit back with levies of their own.
Spot gold rose as much as 3.8% to as high as $3.095.13 an ounce Wednesday, the biggest intraday increase since March 2020.