💨 Abstract

Gold fell on Thursday due to a recovery in the U.S. dollar and higher Treasury yields. Investors are waiting for the U.S. nonfarm payrolls data to determine the Federal Reserve's interest rate path amid escalating global trade tensions. The U.S. temporarily exempted automakers from tariffs on Canada and Mexico, but Trump's tariffs continue to strain relations with these countries and China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖