Gold rate today: Gold prices climb as Donald Trump imposes 50% tariff on India; safe haven assets in focus
Gold rate today: Gold prices rose on Thursday as investors sought safe-haven assets amid escalating trade tensions between the US and India, triggered by increased tariffs imposed by President Trump. The dollar’s weakness, following disappointing US jobs data, further bolstered gold’s appeal, with expectations rising for a potential interest rate cut by the Federal Reserve in September.🕒 1 min read
Gold rate today: Gold prices rose on Thursday as investors sought safe-haven assets amid escalating trade tensions between the US and India, triggered by increased tariffs imposed by President Trump. The dollar’s weakness, following disappointing US jobs data, further bolstered gold’s appeal, with expectations rising for a potential interest rate cut by the Federal Reserve in September.
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