Gold edged higher in the Asian morning session on a possible technical recovery after front-month Comex gold futures closed nearly 1.5% lower on Friday. However, the precious metal's gains may be capped by easing concerns over U.S. tariffs that could hurt economic growth.
The market is starting to realize that President Trump is using tariffs as a negotiating tool, ANZ Research analysts said in a note. This follows his order for reciprocal tariffs, which may take weeks or even months to be finalized.
Until this news was released, the price of Gold was at the level of $ 2,898
Source: Newsmaker.id
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