Editorial photo #12023628 Economy, Business and Finance

Gold Prices Surge To Record High Amid Tariff Fears

A gold necklace and earrings are displayed for sale at a jewelry shop in Srinagar, Jammu and Kashmir, on February 6, 2025. Gold prices soar to a record high on Monday, February 3, as investors turn to safe-haven assets following US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China. The yellow metal rallies across major Indian cities due to various global and domestic factors. Meanwhile, jewelers in Kashmir Valley express concerns over the soaring prices, stating that their business is affected as customers are reluctant to buy gold at exorbitant rates. (Photo by Firdous Nazir/NurPhoto)

Photo details

Photo ID: #12023628
Date taken: 6 February 2025
Location: —
Photographer: Firdous Nazir/NurPhoto
Category: Economy, Business and Finance

Related keywords

Gold necklace earrings jewelry shop Srinagar Jammu and Kashmir February 06 2025 gold prices record high investors safe-haven assets US President Donald Trump tariffs Canada Mexico China yellow metal Indian cities global factors domestic factors jewellers Kashmir Valley soaring prices business affected customers reluctant buyers exorbitant rates Firdous Nazir NurPhoto Monday February 3 tariffs impact gold rally.