💨 Abstract

Gold prices rose on Thursday due to lingering tariff uncertainties and a lower-than-expected U.S. inflation rate, which increased expectations of interest rate cuts. The U.S. consumer price index increased less than expected in February, but this improvement may be temporary given ongoing tariffs on imports that could increase prices of goods in the near future. Gold's non-yielding nature thrives in low-interest rate settings.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖