💨 Abstract

Gold prices fell slightly on Tuesday as traders braced for US President Donald Trump's tariffs on Canada, Mexico, and China to take effect. The tariffs, seen as inflationary, may force the Federal Reserve to keep rates higher, potentially reducing gold's appeal. JPMorgan holds a long-term bullish view for gold, with a price target of nearly $3,000/oz in Q4 2025.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖