Donald Trump has extended the deadline for new China tariffs by 90 days. This move creates uncertainty in the market. Experts believe inflation data will be key. Tariffs could elevate inflation, impacting US consumers. The Federal Reserve may cut rates due to a slowing economy. A weak job market might force a larger rate cut.
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations