💨 Abstract

Gold prices fell to a two-month low on Thursday due to a strong dollar rally, making gold more expensive for overseas buyers. The Federal Reserve is expected to deliver a third interest rate cut next month despite stalled progress in lowering inflation. Gold's role as a hedge against inflation is being questioned due to President-elect Trump's proposed tariffs, which could raise U.S. inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖