Market Report
Learn more about all important trends in the precious metals markets in our market reports on a regular basis.
Gold continues to push higher as Trump ups the ante
No. 13 | 31st March 2025
Duties of 25% will be placed on US car imports from this week as President Trump aims to boost local manufacturing. The potential impact on US light vehicle sales, and PGM autocatalyst demand are potentially large. The uncertainty and inflation risk of this move also bolstered the gold price, pushing it to a new all-time high towards the end of last week. For deeper analysis of the impacts of the tariffs on the palladium market and other market moving events in the last week, read the full Precious Appraisal.
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