Gold retreats from record as traders brace for Trump’s tariffs
Traders are on edge as Trump plans to announce sweeping levies on all of America’s trading partners on Wednesday, raising the risks of retaliatory measures.
Shares in Turquoise Hill Resources (TSX:TRQ), operator of the massive Oyu Tolgoi mine in Mongolia, dropped 18% after controlling company Rio Tinto (LON:RIO) said its putting on hold a $5bn underground expansion of the mine. Rio Tinto said in a...
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