Gold prices climb on US tariff uncertainty as Wall Street indices slip
Gold prices rose significantly on Monday, driven primarily by escalating uncertainty regarding US trade policy. Additionally, investors sought refuge in the precious metal as a safe-haven asset amidst heightened tensions between the US and Iran, alongside mounting concerns over the Federal Reserve’s future monetary policy in a high-inflation environment.
Gold prices rose significantly on Monday, driven primarily by escalating uncertainty regarding US trade policy. Additionally, investors sought refuge in the precious metal as a safe-haven asset amidst heightened tensions between the US and Iran, alongside mounting concerns over the Federal Reserve’s future monetary policy in a high-inflation environment.
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