Listen

Description

Gold hits an unprecedented $5,000 as safe‑haven demand, central‑bank buying and political uncertainty intensify. Traders eye possible coordinated action to prop up the yen. And rising trade friction returns as Trump threatens 100% tariffs on Canada over a China trade arrangement.

Today’s recommended read: Battle for the Fed' heats up to challenge rate horizon, Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

You may also visit megaphone.fm/adchoices to opt out of targeted advertising.

Our Standards: The Thomson Reuters Trust Principles.
Learn more about your ad choices. Visit megaphone.fm/adchoices