Gold stabilises after yesterday's decline - London Business News | Londonlovesbusiness.com
Briefly

Gold markets showed relative stability following a decline attributed to heightened market concerns from US President Trump's recent trade tariff threats. These threats have caused unease regarding the potential economic impact, prompting investors to consider safe-haven investments like gold. The metal might continue to receive support due to uncertainty surrounding Trump's future policy decisions and central bank demand. As the Federal Reserve meets to discuss policy, investors await signals from Fed Chair Jerome Powell, particularly regarding interest rates, which could significantly influence gold dynamics despite larger economic pressures.
Gold markets remain stable amidst trade tariff threats from President Trump, impacting market sentiment and driving investors towards safe-haven assets due to economic uncertainty.
The stability of gold is influenced by investors' concerns over Trump's trade tariffs, pushing them towards safer assets amid uncertainty surrounding his second term.
Investor attention is on the Fed's policy meeting, with Powell's speech expected to shed light on interest rates amid concerns about Trump's potentially inflationary policies.
Long-term demand from central banks is expected to support gold prices, even as market stability is challenged by tariff-related economic uncertainty.
Read at London Business News | Londonlovesbusiness.com
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