💨 Abstract

Gold prices dipped on Friday as the dollar strengthened and investors cashed in after bullion reached three consecutive record highs this week, driven by safe-haven demand due to trade war concerns and expectations of a Fed rate cut later this year. Spot gold was down 0.5% to $3,030.81 an ounce, and U.S. gold futures fell 0.2% to $3,037.70.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖