Gold, silver prices decline amid global tariff uncertainty
New Delhi: The gold and silver prices declined on Tuesday after having an upward rally for the past two days, amid escalating uncertainties around the US tariffs. The price of 24-carat gold dropped by over Rs 300, according to the India Bullion Jewellers Association (IBJA). Ten grams of 24-carat gold cost Rs 387 less, from
Gold Price Forecast: Profit Booking May Continue Unless Trade War Updates Surface- Should Buy Or Sell?
Markets now look to comments from Fed officials for policy cues. Unless President Trump or Chinese officials release any updates on the trade war, this profit booking may persist. As gold reacts to changing global fundamentals, investors need to be watchful of such important signals as US economic indicators, interest rate directions, and geopolitical uncertainties.