💨 Abstract

On Monday, gold prices increased due to a weak U.S. dollar and anticipation of Donald Trump's inauguration speech, with markets seeking insights into his economic policies and their impact on interest rates. Spot gold rose 0.1% to $2,704.85, while U.S. gold futures fell 0.1%. Trump's potential tariffs could lead to higher inflation, making gold more appealing as a hedge.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖