Gold Prices Drop as Dollar Gains Amid Trade Tensions

Reported about 8 hours ago

Gold prices fell as the strengthening US dollar overshadowed the safe-haven demand following tariffs imposed by President Trump on imports from Canada, Mexico, and China. Despite nearing record highs, gold faced pressure due to rising borrowing costs and a pricier dollar, leading analysts to predict potential fluctuations in demand if trade tensions escalate further.

Source: YAHOO

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