💨 Abstract

Gold prices eased on Friday, hovering around $2,700, as traders assessed the impact of Donald Trump's presidency on US interest rates. Spot gold fell 0.4% to $2,697.19 per ounce, while U.S. gold futures were flat. The Federal Reserve cut interest rates by 25 basis points as anticipated but signaled a cautious approach to future cuts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖