Gold futures have surged dramatically over the last three trading days, with the most active April contract gaining approximately $254.

Unquestionably, China is preparing an offensive strategy to deal with, and respond to the recent tariffs levied on its country by the United States. Gold futures have gained almost $200 in the last two trading days.

Gold and U.S. equities experienced significant gains today after President Donald Trump announced a temporary suspension of reciprocal tariffs that were scheduled to take effect at midnight yesterday.