💨 Abstract

Gold prices increased on Thursday due to escalating tariff uncertainties and a cooler-than-expected U.S. inflation rate, which strengthened expectations of interest rate cuts. Spot gold was up 0.2%, while U.S. gold futures remained steady. Investors are waiting for U.S. Producer Price Index (PPI) data to gain insights into the Fed's monetary policy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖