Powell spoke as equity markets from Tokyo to London to New York continued a swoon that has wiped some 10% off major US stock indexes since Trump announced a raft of new tariffs.
Gold demand soars across Asia as new U.S. tariffs rattle markets and trigger a stock sell-off. Investors rush to gold as a shield against uncertainty and economic turmoil.
A look at where major assets—from precious metals to stocks—stand after today’s sharp downturn.
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