WaultSwap USD Price & Performance (WEXUSD)

Gold prices have been fluctuating amid uncertainty surrounding U.S. tariff policies under President Trump. With new tariffs on steel and aluminum set to take effect, gold has been caught in a tug-of-war between safe-haven demand and profit-taking. The metal’s price recently hovered near $2,860, reflecting broader market caution.123

Gold has slipped from its recent highs, trading near $2,860 per ounce. This decline comes as investors rotate into underperforming stocks and react to mixed signals on tariffs and economic data. Despite weaker demand, gold remains a top-performing asset, outpacing the S&P 500 with a 40% annual gain.456

Gold prices are holding steady above $2,900 as traders weigh economic slowdown fears and potential Federal Reserve rate cuts. Weak consumer confidence and tariff uncertainties have supported demand for the metal. Analysts suggest that gold could retest its all-time high of $2,956 if bullish momentum resumes.789