Gold price holds above $5,000 as tariff threats stoke safe-haven bids; Fed decision next
Spot gold jumped 1.3% to $5,079.62 an ounce Tuesday morning, after hitting a record $5,110.50 on Monday. Investors are watching for the Federal Reserve’s policy announcement Wednesday. U.S. gold futures for February slipped 0.1% to $5,075. Spot silver surged 5.7% to $109.80, following a Monday peak of $117.69.