President Trump’s recent criticisms of Fed Chairman Powell and ongoing 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 all experienced notable losses in response to the uncertainty. This has prompted investors to seek safe-haven assets and turn their attention towards European markets amid growing concerns about the US economy’s stability.
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Trump’s Criticism and Trade Tensions Drive US Dollar Down, Gold Up; Stock Markets Decline
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Gold prices hit record high of Rs 97,000 per 10 grams on robust demand and global tensions.
