Gold recovers after tariff agenda uncertainty

Edited by: S Света

Gold prices rebounded after experiencing significant losses earlier in the week. The recovery is attributed to ongoing uncertainties surrounding US President Donald Trump's global tariff agenda.

Gold traded near $3,314 an ounce, following a gain of nearly 1% on Thursday. A weakening dollar, driven by fiscal risks and pressure on the Federal Reserve to lower interest rates, also contributed to the price increase.

Sources

  • Bloomberg Business

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