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In the MENA region, 64 percent of chief economists surveyed by the World Economic Forum (WEF) expect moderate growth
Trump's 25 percent tariffs on steel and aluminum imports raised inflation fears, escalated trade tensions
Trump announced 25 percent tariffs on all steel and aluminum imports, escalating trade policy amidst existing metal duties
Gold hit an all-time high of $2,882.16 on Wednesday and has gained more than 2 percent this week
This decision follows December's unexpected inflation drop from 2.6 percent to 2.5 percent
Gold prices hit an all-time high of $2,882.16 in the previous session
Annual gold investment reached a four-year high of 1,180 tons, rising 25 percent year-on-year
Prices rose after China imposed tariffs on U.S. imports in response to new American duties
U.S. President Donald Trump suspended tariffs on Mexico and Canada on Monday
On Saturday, Trump levied 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China starting February 4
Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory
Earlier in the session, gold prices hit an all-time high of $2,799.71
