Gold prices jumped more than 1% on Monday to hit a record high, as safe-haven demand surged on fears of a global trade war after U.S. President Donald Trump announced new tariff plans. Spot gold was up 1.

The U.S. dollar was rising Monday after President Donald Trump promised more tariffs. Trump said on Super Bowl Sunday that he would impose 25% duties on steel and aluminum imports, as well as so-called reciprocal tariffs targeting any country that has hiked levies on goods from the U.

The dollar edged higher on Monday after U.S. President Donald Trump warned more tariffs were imminent including on steel and aluminium, although U.S. futures and European stocks shrugged off the looming levies and rose.

Patriotic sentiment is bursting in Canada after President Trump’s threat to apply hefty tariffs and even annex the country. The damage to the two nations’ relationship could be lasting.

EUR/USD stays under pressure at around 1.0300 in European trading hours on Monday. The major currency pair declined after facing pressure near the 50-day Exponential Moving Average (EMA) around 1.0436 last week, suggesting that the overall trend is still bearish.

President Trump's threats to impose new tariffs on European goods has led Americans to suddenly stockpile their favorite Italian wines, especially sparkling prosecco.

Gold rose to a record after US President Donald Trump said he would announce tariffs on steel and aluminum imports Monday, adding to increasing uncertainty in global financial markets.

U.S. stock index futures ticked up on Monday, recovering some losses after the last session, with steelmakers leading the gains after U.S. President Donald Trump said he would

Gold prices extended their winning run on Monday to hit another record high as U.S. President Donald Trump said he will impose 25% tariffs on all steel and aluminium imports.