Gold’s rally extends as tariff concerns and recession fears grow: what’s next?

From invezz.com

Gold prices climbed again on Tuesday after a slight dip in the previous session as uncertainties over Trump’s tariffs next week aided safe-haven inflows. Fears over an US recession also supported the non-yielding gold price on Tuesday. “Gold price (XAU/USD) struggles to build on modest intraday gains, though it manages to hold above the $3,000 psychological mark through the first half of the European session on Tuesday,” Haresh Menghani, editor at FXstreet, said in a report. "However, the growing acceptance that the Federal Reserve (Fed) will resume its rate-cutting cycle soon holds back the USD bulls from ... (full story)