Gold Price Consolidates as Traders Await Direction on Tariff Impact
Gold prices are currently stabilizing around the $2,900 mark as traders seek direction amidst evolving market sentiments related to trade tariffs. The price of gold (XAU/USD) finds itself in a tight consolidation range. Recent comments from former President Donald Trump have raised questions regarding future tariff implications. Traders remain on the lookout for further clarity that could influence gold’s trajectory in the coming days. As uncertainty looms, strategies should focus on market indicators to gauge potential price movements in this precious metal.