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Gold Falls Amidst Trump Tariff Confusion
Gold prices continue correct as we move through the back end of the week. The futures market is down almost 3% from recent YTD highs as USD catches a bid today. The current move lower in gold comes amidst ongoing uncertainty around Trump’s trade policy. Having earlier in the week declared that delayed tariffs on Mexico and Canada would go ahead next week, the president has now suggested they might be delayed again until April 2nd. Alongside those comments, Trump has also floated the prospect of a 25% reciprocal tariff on EU goods. Looking ahead today, traders will be watching incoming US data with preliminary GDP ... (full story)
