💨 Abstract

Gold prices stabilized on Monday ahead of Donald Trump's inauguration speech, with investors seeking clarity on the new administration's policies and their impact on the Federal Reserve's interest rate path. Gold serves as both an inflation hedge and safe-haven asset. Investors anticipate Trump's broad trade tariff policies may ignite inflation and increase gold's safe-haven appeal. However, higher interest rates could dampen gold's appeal. The future of U.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖