President Trump’s criticisms of Fed Chairman Powell and escalating trade tensions have led to market volatility, resulting in a decline in the US dollar and a surge in gold prices. The Dow, Nasdaq, and S&P 500 have all experienced notable losses as investors grow wary of the US economy’s stability. This has prompted a shift towards safe-haven assets and European markets. The uncertainties surrounding these developments have created a sense of apprehension among investors globally.
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Trump’s Criticism and Trade Tensions Drive Dollar Down, Gold Up; US Stock Markets Decline Amid Economic Uncertainty
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Gold prices hit record high of Rs 97,000 per 10 grams on robust demand and global economic concerns.
