Global markets rebounded last week as fears a global trade war would erupt in the first days of Trump’s presidency were assuaged after the President avoided placing immediate import levies on goods from Mexico, Canada and China. Threats resurfaced, however, after Trump ordered punitive trade sanctions on Colombia Sunday for rejecting US deportation flights over human rights issues.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest