Gold Prices Fall Amid US Inflation Data and Trump’s Tariff Clarification
Gold prices plummeted on Monday as investors awaited U.S. inflation data, while President Donald Trump clarified that tariffs will not be imposed on imported gold bars. The news sent gold futures for December delivery 2.5% lower to $3,404.70 an ounce. However, Trump’s statement appears to have alleviated market concerns, with senior analyst Jim Wyckoff saying … Read more