Gold edges higher on safe-haven demand, Fed optimism

Gold prices saw a slight increase on Monday due to worries regarding U.S. President Trump’s new tariffs and possible Federal Reserve interest rate cuts. Gold futures rose to $3,030.70. Last week, gold hit a record high amid trade tensions. Additionally, physical gold demand in India decreased with rising spot prices, while other precious metals also experienced minor gains. Gold prices saw a slight increase on Monday due to worries regarding U.S. President Trump’s new tariffs and possible Federal Reserve interest rate cuts. Gold futures rose to $3,030.70. Last week, gold hit a record high amid trade tensions. Additionally, physical gold demand in India decreased with rising spot prices, while other precious metals also experienced minor gains.  Economic Times

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