💨 Abstract

Gold prices hit a new high on Tuesday due to increased demand as a safe-haven asset following China's tariff response to the U.S. The tariff news overshadows other data and is the main driver. The weaker dollar also contributed to the gold price increase. Gold futures rose, while silver, platinum, and palladium experienced varying levels of change.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖