Reported about 9 hours ago
Gold prices are expected to close the week lower, experiencing the first weekly loss this year as investors take profits following a record rally. This decline comes amid rising concerns over President Trump's tariff proposals, which have boosted the US dollar. Gold was trading around $2,875 per ounce, down 1.3%, as the dollar's strength makes gold less attractive for foreign investors. With upcoming inflation data from the US, the market is assessing the potential impacts on monetary policy.
Source: YAHOO