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News Explorer — Gold and Bitcoin Rise on Geopolitical, Tariff Uncertainty

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May 7, 1:35 am

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Gold and Bitcoin Rise on Geopolitical, Tariff Uncertainty

Gold prices rose 0.7% to $3,357 per ounce, driven by safe-haven demand, while Bitcoin traded near $97,500, close to its recent high. The Federal Reserve is expected to maintain interest rates at 4.25% to 4.50%, with investors awaiting Chair Jerome Powell's remarks post-meeting.

Gold prices rose 0.7% to $3,357 per ounce, driven by safe-haven demand, while Bitcoin traded near $97,500, close to its recent high. The Federal Reserve is expected to maintain interest rates at 4.25% to 4.50%, with investors awaiting Chair Jerome Powell's remarks post-meeting.

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