The's Trading Volume Surges 30.11% to 311 Million, Secures 271st Spot in Daily Rankings Amid Tariff Uncertainty and Gold Price Volatility

On March 28, 2025, The's trading volume reached 311 million, marking a 30.11% increase from the previous day. This surge in trading volume placed The at the 271st position in the daily stock market rankings. The stock's performance was influenced by several key factors, including the broader market sentiment and specific news events that impacted investor confidence.

One significant event that affected The's stock price was the announcement of new tariffs by U.S. President Donald Trump. Trump's decision to impose a 25% tariff on all imported automobiles not manufactured in the United States has raised concerns about the potential impact on global trade and the automotive industry. This move, which includes additional tariffs on transmissions, engines, electrical systems, and other automotive components, is set to take effect on April 3, 2025. The uncertainty surrounding these tariffs has led to increased volatility in the stock market, with investors closely monitoring the situation for any further developments.

Another factor contributing to the volatility in The's stock price was the fluctuating price of gold. On March 28, 2025, the price of gold reached a new record high, surpassing $3,086 per troy ounce. This surge in gold prices was driven by investor concerns over escalating trade tensions and the potential for further economic instability. The price of gold briefly dipped below $3,076 per troy ounce before stabilizing, reflecting the market's uncertainty and the potential for further fluctuations in the coming days.