Gold (XAU/USD) prices soared and recovered to $3,063 at the time of writing on Wednesday after US President Donald Trump's tariffs went into effect.
At one point this week, the market was hoping for a last-minute solution as several news outlets reported on Monday that President Trump was considering a 90-day tariff pause for all countries except China.
However, the White House stated that any suggestion that President Trump was considering a 90-day tariff pause was "fake news."
Source: Newsmaker.id
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