Gold prices hovered near a historic peak, driven by U.S. President Trump’s tariff plans and attention on an upcoming U.S. inflation report. The Federal Reserve’s interest rate trajectory is in focus as markets await the Personal Consumption Expenditures (PCE) index for further insights. Gold prices hovered near a historic peak, driven by U.S. President Trump’s tariff plans and attention on an upcoming U.S. inflation report. The Federal Reserve’s interest rate trajectory is in focus as markets await the Personal Consumption Expenditures (PCE) index for further insights. Economic Times