💨 Abstract

Gold prices rose on Thursday as the U.S. dollar softened following President Donald Trump's call for lower interest rates. Prices hit a more than three-month peak on Wednesday. The dollar index was down 0.2%, making gold less expensive. Trump announced plans to push for an immediate drop in interest rates, which is beneficial for non-yielding bullion. However, traders see a 99.5% chance of the U.S.

Courtesy: theprint.in