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.
Commodity Radar: Gold jumps Rs 1,700 on MCX amid Trump’s fresh tariff threats. 5 technical signals to watch
Gold prices surged 2% or Rs 1,740 amid renewed geopolitical tensions and tariff threats. MCX futures rose to Rs 97,473, with technical indicators suggesting bullish