Gold Steadies After 1.8% Weekly Drop as Trump Tariffs Fuel Inflation Fears

25.08.18

Gold held steady around $3,340 per ounce following a 1.8% weekly decline, as concerns mount that President Trump’s tariff agenda is creating inflationary pressures in the US economy. The precious metal’s drop came after data showed US wholesale inflation accelerated in July by the most in three years, prompting traders…

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