Gold prices underwent unprecedented volatility
Donald Trump's proposed tariffs uncertainty remains yet! According to the weekly review, Dr. Renisha Chainani, Head- Research, Augmont said, gold prices plummeted more than 3% last week, while the dollar remained at two-week highs after US inflation data met expectations, implying the Federal Reserve may be hesitant about further rate reduction. Gold prices underwent a week of unprecedented volatility , establishing a new all-time high before falling sharply. The precious metal's eight-week winning streak came to an abrupt stop as the dollar strengthened and the mood shifted toward impending tariffs. Donald Trump's proposed tariffs uncertainty remains . President Donald Trump said that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4, coupled with an additional 10% charge on Chinese imports. He also threatened to levy 25% on EU goods. If Trump achieves an agreement with Canada and Mexico to postpone tariffs, the immediate...