💨 Abstract

Gold maintained its position above $3,000 an ounce on Wednesday, close to a record high reached the day before, due to increased tensions in the Middle East and ongoing trade uncertainties. Traders are awaiting the Federal Reserve's decision later in the day. Investors are concerned about an economic slowdown and potential recession due to U.S. tariffs, which are expected to drive inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖