00:00It's Benzinga bringing Wall Street to Main Street.
00:02Gold rose after three straight weekly gains as uncertainty over U.S. trade policy pressured
00:07the dollar, according to Bloomberg. Bullion climbed as much as 1.4% toward $5,180 an ounce
00:15after Trump said Saturday he would impose a 15% global tariff following a Supreme Court ruling
00:20that blocked his use of emergency powers to set duties. The Supreme Court ruling could affect
00:25the U.S. government deficit and trade balance as tariff revenues face uncertainty.
00:30The White House's 15% tariff is intended to replace the invalidated measures,
00:35but it can last only up to 150 days and applies to cases involving fundamental international
00:41payments problems. Gold rose 0.9% to $5,152.06 at 1041 a.m. in London trading on Monday.
00:51For all things money, visit Benzinga.com.
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