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Gold snaps 8-week rally as tariff concerns mount
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Gold (GC=F) prices are tumbling Friday morning as concerns escalate regarding President Donald Trump's sweeping tariff strategy. The president plans to implement 25% tariffs on both Canada and Mexico, along with an additional 10% levy on all Chinese imports, set to take effect on March 4.
Yahoo Finance Senior Business Reporter Ines Ferré analyzes the details, examining all the factors influencing the commodity's downward slide as it snaps an eight-week rally.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith
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