Gold Rises as Trump Tariffs Heighten Economic Concerns

Reported about 8 hours ago

Gold prices have rebounded following a significant drop last week, spurred by concerns over US President Trump's imminent tariffs on trade partners like Canada and Mexico. The price per ounce of gold is now above $2,860, as investors contemplate the potential for a cooling US economy and rising inflation, which may prompt the Federal Reserve to consider interest rate cuts. This economic uncertainty reinforces gold's reputation as a safe-haven asset.

Source: YAHOO

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