💨 Abstract

Gold prices rose to an 11-week high on Wednesday due to increased safe-haven demand amid uncertainties about U.S. President Donald Trump's trade policies and a weaker dollar. The softer dollar makes gold more attractive for foreign buyers. Gold's appeal as an inflation hedge may be reduced if Trump's policies lead to higher interest rates, which would dampen gold's appeal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖