Gold tops $3,000 for first time on Trump tariff war, stocks rebound
George Mihalcea
NEW YORK: Gold rose above US$3,000 for the first time Friday (Mar 14) as President Donald Trump's trade wars boosted demand for safe-haven assets, while stock markets bounced on signs US lawmakers would avert a government shutdown. Major US indices opened higher and remained in positive territory through the day, shrugging off a downcast reading on US consumer sentiment. European stock markets were also given a lift after Germany moved closer to approving a massive infrastructure and defense
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