Gold Prices Rise as Trump Tariffs Spark Market Jitters and Rate Cut Expectations

Gold Prices Rise as Trump Tariffs Spark Market Jitters and Rate Cut Expectations

Gold prices firmed on Wednesday as investors turned to the safe-haven asset following the implementation of U.S. President Donald Trump’s sweeping reciprocal tariffs. The metal’s gains were further supported by a weakening U.S. dollar and growing expectations of Federal Reserve rate cuts amid mounting economic uncertainty.

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