Trump tariff worries keep gold near record high level
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1 month, 1 week ago

Trump tariff worries keep gold near record high level

Live Mint  

Feb 20 - Gold prices edged higher on Thursday, hovering near their all-time highs as concerns persisted over U.S. President Donald Trump's tariff strategies, which could fuel inflation and escalate a global trade war. * Minutes of the latest Federal Reserve policy meeting on Wednesday showed that Trump's initial policy proposals raised concern about higher inflation and affirmed a continued pause on rate cuts. * The Fed held its benchmark interest rate at 4.25%-4.50% range at its meeting last month, and officials have since said they are in no rush to cut rates again until they are more certain inflation will decline to the 2% target. DATA/EVENTS 0100 China Loan Prime Rate 1Y, Loan Prime Rate 5Y Feb 1330 US Initial Jobless Clm 15 Feb, w/e 1330 US Philly Fed Business Indx Feb 1500 EU Consumer Confid.

History of this topic

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