💨 Abstract

Gold prices remained stable near two-month lows on Friday, set for their worst weekly performance in over three years, due to a stronger U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve. The dollar is expected to have its best week in more than a month, as President-elect Trump's tariff plans may stoke inflation and higher interest rates, making gold less attractive. Spot gold was flat at $2,566.09

Courtesy: theprint.in

Summarized by Einstein Beta 🤖