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Retaliation, a slide in U.S. business sentiment and supply chain disruptions could magnify the impact of tax hike
In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57
Türkiye's monthly inflation rate reached 2.46 percent, up from 2.27 percent in February
U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months
Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March
Bullion gained 1.8 percent so far this week, placing it on track for a fourth straight weekly gain
Gold prices are expected to reach $3,300 per ounce on stronger-than-expected ETF inflows and sustained central bank demand
U.S. dollar gained 0.13 percent to 104.32, making bullion less attractive for other currency holders
Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent
The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024
Bullion recorded an all-time high of $3,057.21 per ounce on Thursday and has climbed about 1.5 percent so far this week
Yields on British gilts slip slightly, with 10-year yield recorded over four basis points lower
