Monday's opening market was hot. Precious metals are in the spotlight, with spot gold opening with a gap up, breaking through $4,660 per ounce at the start of trading, hitting a new high, and rising 1.4% intraday. Silver is even more aggressive, reaching a high of $92.81 per ounce, with an increase of 2.8%. Crude oil experienced some fluctuations, opening 0.8% lower but quickly rebounding, essentially erasing the decline. However, the stock market was less optimistic, with Nasdaq futures plunging 1%.
What is the driving force behind this? The market was triggered over the weekend by threats of tariffs. Trump issued strong words regarding Greenland, and the EU was not to be outdone, with several member countries planning retaliatory tariffs on American goods worth €93 billion. As trade tensions escalate and risk aversion rises, traditional safe-haven assets like gold and silver naturally increase in value, while risk assets come under pressure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
TokenDustCollector
· 5h ago
Gold is rising rapidly, but is this tariff drama really coming? It seems the stock market still has to take more hits...
View OriginalReply0
MEVictim
· 8h ago
Gold is once again being driven by geopolitical speculation. It happens every time—once the situation calms down, prices immediately fall back.
View OriginalReply0
GasFeeSobber
· 8h ago
Gold hits a new high, NASDAQ plunges, this rhythm... Is a trade war coming again?
As soon as tariffs come into play, safe-haven assets take off, and the stock market has to kneel. Old tricks, can we still trust them?
Silver rises 2.8%? Wait, why does it feel more aggressive than gold? This doesn't make sense...
The US and Europe exchange harsh words, but in the end, the hurt is still retail investors' wallets, haha.
930 billion euros in retaliation... Things are about to get lively, and we'll be watching the show next week.
View OriginalReply0
SchrödingersNode
· 8h ago
Gold has risen again, now it's really time to hold some safe-haven assets, or else you won't sleep well.
Trump is causing trouble again, and the EU isn't to be underestimated. When a trade war starts, gold takes off.
Did the Nasdaq plunge 1%? That's hilarious, risk assets definitely need to be cautious.
Silver's 2.8% increase is a bit aggressive.
With tariffs announced, gold has become a hot commodity, and the logic checks out.
Is it time to bottom fish for gold? It feels like it still has room to go up.
The Nasdaq is so weak, it really should be paired with more precious metals.
Gold has hit a new high, safe-haven buying is here.
View OriginalReply0
GhostAddressMiner
· 8h ago
The tariff game is back, but where is the real capital flow? Look at that position at 4660; the on-chain footprint of early coin-holding addresses is worth paying attention to... With safe-haven assets rising so sharply, I want to see how many contract vulnerabilities are being quietly exploited behind the scenes.
View OriginalReply0
SignatureCollector
· 8h ago
Gold hits a new high, I knew something was going to happen. Sure enough, the trade war is back. Is this for real this time?
Speaking of which, the Nasdaq plunged 1%. Tech stocks are panicking.
Everyone wants to buy safe-haven assets, but they're just worried that gold might also collapse.
Tariffs—ordinary people are the ones getting hurt. Just watch.
Silver rose 2.8%, this pace is pretty intense.
If trade friction heats up, gold will rise—that's a familiar routine.
The real focus is the plunge in Nasdaq futures; tech stocks are going to suffer.
Gold reached a new high, but I still remain bearish on the future; the bubble is too big.
Europe and the US are imposing tariffs on each other, but the ones getting hurt are still the grassroots investors.
Green assets are all green; I just want to know when the bottom will come.
Monday's opening market was hot. Precious metals are in the spotlight, with spot gold opening with a gap up, breaking through $4,660 per ounce at the start of trading, hitting a new high, and rising 1.4% intraday. Silver is even more aggressive, reaching a high of $92.81 per ounce, with an increase of 2.8%. Crude oil experienced some fluctuations, opening 0.8% lower but quickly rebounding, essentially erasing the decline. However, the stock market was less optimistic, with Nasdaq futures plunging 1%.
What is the driving force behind this? The market was triggered over the weekend by threats of tariffs. Trump issued strong words regarding Greenland, and the EU was not to be outdone, with several member countries planning retaliatory tariffs on American goods worth €93 billion. As trade tensions escalate and risk aversion rises, traditional safe-haven assets like gold and silver naturally increase in value, while risk assets come under pressure.