💨 Abstract

Gold prices recovered on Wednesday following a one-week low, driven by uncertainties arising from U.S. President Trump's tariff plans, which dampened risk appetite and boosted the safe-haven bullion's demand. Trump announced plans for a probe into potential new tariffs on copper imports. The tariff concerns, along with deteriorating U.S. consumer confidence, are supporting gold.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖