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Analyst: Gold price remains resilient, Trump's tariff concerns keep gold near historic highs
KJM Data February 20th news, gold prices held steady near record highs on Thursday as US President Trump's tariff plan sparked concerns about inflation rise and global trade war. Tim Waterer, chief market analyst at KCM Trade, said, "The uncertainty of global trade and inflation prospects is favorable for gold prices, and it will bring the $3,000 level into the visible range." However, Waterer also said, "If potential risks that could drag down gold prices are seen, if the peace protocol between Russia and Ukraine is close to achieving results, the demand for safe-haven may diminish."