XAUUSD

Gold has recorded its strongest decline in the last three months, fueled by global economic uncertainty due to Trump's tariff policies. The escalation of the trade war, fears of a possible recession, and geopolitical tensions are currently enhancing Gold's status as a safe haven, leading to increased demand. Additionally, following Trump's tariff move, expectations for the Fed to cut interest rates by up to 130 basis points by 2025 and the depreciation of the dollar are supporting gold prices upward. It is anticipated that the pullbacks in Gold, which has a negative outlook in the short term, may remain limited in the medium and long term.