Gold prices rose by 0.76% in a recent trading session, bolstered by lower-than-expected inflation data and rising concerns about a potential global trade war. The latest U.S. Consumer Price Index (CPI) showed a modest 0.2% increase in February, prompting speculation about the Federal Reserve's future monetary policy. As escalating trade tensions, particularly between the U.S. and its trading partners, continue to unfold, investors are looking to gold as a safe-haven asset amidst geopolitical and economic uncertainties.
Gold prices are rising as lower-than-expected inflation data and trade tensions push investors towards safe-haven assets, reflecting market volatility and cautious optimism.
Collection
[
|
...
]