Gold prices declined by 0.79% to settle at 85,196 as a stronger U.S. dollar and anticipation of key inflation data weighed on investor sentiment. Uncertainty surrounding U.S. trade policies also influenced the market, with President Donald Trump considering a 25% “reciprocal” tariff on European autos and delaying new tariffs on Mexican and Canadian imports until April 2. Meanwhile, weak U.S. economic data has reinforced expectations of accelerated rate cuts, which could support gold in the longer term.
Gold prices fell as the U.S. dollar firmed, while investors awaited a key inflation print. www.thealgoteachnology.com
