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Trump Threatens 100% Tariffs on BRICS Nations
Gold lower after Trump defends Dollar, threatens BRICS with tariffs
Gold pulls back at the start of the trading week after President-elect Donald Trump threatened to raise 100% tariffs on the BRICS trading bloc of nations if they go ahead with plans to replace the USD with their own currency.
Trump threatens BRICS over rumored currency
The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump posted to social media on Saturday. Trump continued the
Gold drops over 1% as dollar surges after Trump threatens BRICS with ‘100% tariffs’
Gold prices fell sharply on Monday, snapping a three-consecutive days of gains, as the dollar rose against a basket of major currencies.
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2m
BRICS currency: Is Trump's tariff threat justified?
The most likely option would be the creation of a joint currency used purely for trade, valued based on a basket of currencies and/or commodities like
gold
or oil. The
BRICS
currency could work in ...
6h
Gold drops 1% after four sessions of gains as dollar strengthens
Gold prices snapped a four-session rally to fall on Monday, pressured by a firmer U.S. dollar and profit-taking, while ...
5h
Gold (XAU) Price Forecast: Will Strong Dollar Push Prices Below $2607 Support?
Gold prices dip after a four-session rally as a strong U.S. dollar weighs on demand. Traders eye $2607 support and Fed ...
7h
Pound, gold and oil prices in focus: commodity and currency check, 2 December
Failed to fetch dynamically imported module: https://uk.finance.yahoo.com/assets/_app/immutable/nodes/90.BMDkfsfZ.js ...
7h
Gold prices drop 1% after four sessions of gains as US dollar strengthens
The dollar index gained 0.5 per cent, on track for its best day in over a week, making greenback-priced bullion more ...
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