Skip to main content

Has gold lost its safe-haven status?

Tensions between the US and China have escalated over the past few days, with both countries announcing hefty tariffs. Yet, the price of gold fell on the news. In this Metals Watch we first look at the reasons why the gold price did not behave as we had expected last week and assess the potential impact of a full-blown trade war on prices.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access