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Gold Rises as Investors Wary of Tariffs and US PPI Data Ahead
Wednesday, 16 July 2025 19:16 WIB | MARKET ANALYSIS |GOLDEMAS

Gold prices strengthened on Wednesday (July 16th), driven by a weakening US dollar and increased demand for safe-haven assets amid global geopolitical concerns. The market is closely monitoring investors' response to President Trump's 50-day ultimatum to Russia and continued tariff tensions with major trading partners.

In addition, speculation that the Fed will delay interest rate cuts due to persistently high goods inflation also supported gold prices. The focus now turns to the release of US PPI data and the outcome of further international trade negotiations.

Source: Newsmaker.id

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