Gold price near $5,070 after Trump tariff jolt — what traders watch next week
Gold rose above $5,000 an ounce Friday, with spot prices up 1.5% at $5,071.48 and U.S. April futures settling at $5,080.90. Silver jumped 5.8% to $82.92. The rally followed Trump’s announcement of new temporary tariffs and U.S. data showing core PCE inflation at 0.4% in December, above forecasts. Economic growth slowed to 1.4% annualized in Q4, missing expectations.