Gold’s price (XAU/USD) has stabilized, showing signs of consolidation for the third consecutive day this week. Recent rallies have slowed following US President Donald Trump’s decision to shield all goods from Mexico and Canada under the USMCA trade agreement from new tariffs implemented earlier this week.

This development may have significant implications for gold prices, which traders should monitor for fluctuations. The market climate remains uncertain, with many wondering if gold can regain its upward momentum in the near term.