Gold Soars to Two-Month High Amid Trump Policy Uncertainty and Weak Dollar

Gold prices have increased to a two-month high of $2,761.66 per ounce as a result of a weakened U.S. dollar and investor concern over Donald Trump's trade policies. The dollar index fell 1.30% , making gold more attractive to foreign buyers. Analysts believe that uncertainty may continue to drive gold prices up to $3,000 per ounce by mid-year, as bullion remains a safe haven during economic uncertainty. Speculation in the market is further fueled by the potential tariffs imposed by Trump on Canada and Mexico.

Source: The Hindustan Times, Business Standard