💨 Abstract

Gold prices increased on Wednesday due to risks from President-elect Trump's proposed tariffs and trade policies, which could lead to inflation and trade wars, making gold an attractive safe-haven asset. Investors are awaiting U.S. economic data, particularly the ADP employment numbers and Fed's December meeting minutes, to determine the U.S. Federal Reserve's interest rate stance in 2025. Any soft U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖