💨 Abstract

Gold prices rose on Tuesday, fueled by safe-haven demand due to uncertainty surrounding U.S. President Donald Trump's tariff plans, which could potentially boost inflation. The gold market is anticipating a possible increase in inflation as Trump's tariff policies could slow economic growth, trigger trade tensions, and drive up prices. The odds of interest rate cuts are still favorable for gold, with experts predicting prices to reach around $3,125.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖