💨 Abstract

Gold prices rose on Thursday, approaching a record high, as investors monitored U.S. President Donald Trump's tariff plans and awaited crucial U.S. economic data. The increase was driven by ongoing trade war uncertainties and fears of a global trade war escalation. Gold prices had dropped on Wednesday following the release of unexpectedly high U.S. inflation data, but rebounded due to trade concerns.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖