💨 Abstract

Gold prices rose on Friday, nearing record-high levels, due to safe-haven buying amid trade war concerns ahead of the U.S. payrolls report. Gold is up 2% this week, reaching an all-time high of $2,882.16 on Wednesday. The trend is expected to continue due to elevated U.S. policy uncertainty and central bank hedging demand. The focus now shifts to the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖