💨 Abstract

Gold prices stayed steady on Wednesday, awaiting the U.S. Federal Reserve's interest rate decision and Trump's trade policies. Spot gold eased slightly, while U.S. gold futures rose, with the Fed expected to keep rates steady. The sell-off in technology stocks and unpredictability of Trump's policies have increased gold demand as a safe-haven. Trump's planned tariffs on Canada and Mexico are seen as inflationary.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖