Market observers cite U.S. President Donald Trump’s anticipated tariff announcements on April 2 as the key factor driving market uncertainty. “If the tariffs are less severe than expected, sectors linked to global trade, such as pharmaceuticals and IT, could see a rally. However, if the measures are harsh, we may face another round of correction,” said Dr. VK Vijayakumar.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.