💨 Abstract

Gold prices rose on Thursday as investors monitored U.S. President Donald Trump's tariff plans and awaited U.S. economic data. Trump announced plans for reciprocal tariffs, increasing fears of a global trade war and U.S. inflation. Gold is considered a diversifier in uncertain markets. The U.S. consumer price index rose more than expected in January, reinforcing the Federal Reserve's stance on interest rates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖