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The overnight deposit, lending, and main operation rates were cut by 2.25 percent each
A remarkable drop from its peak of 4 percent in mid-2023
The dollar index hovered near a three-year low hit last week, making gold more attractive for other currency holders
Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week
Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday
Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans
White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices
Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday
Retaliation, a slide in U.S. business sentiment and supply chain disruptions could magnify the impact of tax hike
OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned
S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years
In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57
