The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Gold prices climbed higher on Thursday on safe-haven buying after U.S. President Donald Trump's announcement of new 25% tariffs on autos and auto components imported into U.S.
Trump also posted on his Truth Social Platform that he will impose even steeper tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
Analysts said Trump's auto tariff threat will disrupt global trade and underpin local inflation.
Goldman Sachs and BofA have raised their gold price forecasts amid trade-war tensions.
A weak dollar supported gold's upside. The dollar index dropped to a low of 104.07 before recovering to 104.30, still down more than 0.2% from previous close.
Gold futures for March settled higher by $39.30 or about 1.3% at $3,060.20 an ounce, a new record closing high.
Silver futures for March closed up $0.864 or about 2.54% at $34.897 an ounce, while Copper futures for March dropped to around $5.1240, down $0.1190 or about 2.25%.
In U.S. economic news, a report from the Commerce Department said gross domestic product surged by 2.4% in the fourth quarter compared to the previously reported 2.3% jump. Economists had expected the pace of GDP growth to be unrevised.
A separate report released by the National Association of Realtors showed pending home sales saw a significant rebound in the month of February after plunging to an all-time low in January.
NAR said its pending home sales index surged by 2% to 72.0 in February after plunging 4.6% to an all-time low of 70.6 in January. Economists had expected pending home sales to jump by 1.5%.
