💨 Abstract

Gold prices hovered near the $3,000-per-ounce mark on Monday, driven by fears of a recession due to escalating U.S. tariff war and geopolitical tensions, with consumer sentiment plunging and inflation expectations soaring. The Federal Reserve's monetary policy meeting and Chair Jerome Powell's speech are awaited for further direction on gold prices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖