💨 Abstract

Gold prices rose for a second day on Tuesday, as the dollar weakened, with markets evaluating the potential impact of US President Donald Trump's policies in his second term. The dollar dropped about 1% after reports suggested new taxes would be imposed in a "measured" way, making gold more attractive to foreign buyers. Trump's inflationary policies could affect gold's appeal as the Fed may maintain higher interest rates. Spot gold gained 0.6%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖