Gold Prices Steady Amid Trade War and Recession Concerns

Reported about 11 hours ago

Gold prices remain stable at around $2,915 an ounce as investors respond to volatile trade policies from President Trump and concerns over a potential U.S. recession. Despite Trump downplaying recession fears, economic reports indicate risks of stagflation, leading to speculation about interest rate cuts by the Federal Reserve. Additionally, geopolitical tensions may ease as Ukraine considers a truce with Russia. Meanwhile, the dollar's weakness benefits gold for foreign investors.

Source: YAHOO

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