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Gold prices edge higher, copper extends rally as Trump confirms 50% tariffs

July 10, 2025

Gold prices edge higher, copper extends rally as Trump confirms 50% tariffs

Investing.com-- Gold prices rose marginally in Asian trade on Thursday and remained largely within a recently established trading range, while U.S. copper prices extended their rally after President Donald Trump confirmed his plans to tariff the red metal.

Broader metal prices gained ground as the dollar fell amid mixed signals on just when the Federal Reserve will cut interest rates further. But the greenback still maintained a bulk of its recent rebound from three-year lows.

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