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Gold prices fell over 2% in New York as President Trump delayed EU tariffs and the U.S. dollar rebounded, weakening safe-haven demand and pressuring the precious metal lower. Markets are now focused on upcoming U.S. inflation data and Federal Reserve policy signals, with expectations for rate cuts later this year.
#YonhapInfomax #GoldPrices #DonaldTrump #USDollar #FederalReserve #RateCuts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · [New York Gold Prices] Gold Drops 2% as Trump Delays Tariffs and Dollar Rebounds
More from Yonhap Infomax News

Global central #banks diverge as #tariff risks hamper #US #Fed

Big central banks are diverging as #Trump #tariffs threaten to raise US #inflation & a dash out of the #dollar sparks disinflationary #currency strength elsewhere.

The US #FederalReserve is holding rates steady for now, while #Switzerland is moving closer to negative rates once again, & #Japan remains an outlier with its bias to hike rates.

#economy
reuters.com/business/finance/g