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US Tariffs
Gold and silver prices are expected to sustain positive momentum next week amid heightened geopolitical tensions and the uncertainty surrounding the US Supreme Court's impending decision on President Donald Trump's tariff policy, analysts said. The release of inflation data from major economies, including the US, India, and Germany, along with trade and investment numbers from China and commentary from some Federal Reserve officials, will also be closely watched by the traders, they added. "The bullions are expected to continue their positive momentum and corrective moves should be a buying opportunity, as focus again will remain on the US Supreme court hearing in the Trump's trade tariffs case and the geopolitical issues surrounding US President Donald Trump's actions & comments," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures climbed by Rs 3,058, or 2.25 per cent, over the .
President Donald Trump said on Monday that the US will be receiving more than USD 600 billion in tariffs, asserting that America is far stronger in national security and financially because of the levies it has imposed on countries around the world. We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs, but the Fake News Media refuses to talk about it because they hate and disrespect our Country, and want to interfere with the upcoming Tariff decision, one of the most important ever, of the United States Supreme Court, Trump said in a post on Truth Social. He said that the US is financially and from a national security standpoint far stronger and more respected than ever before because of tariffs. Within months of his second term in the White House, Trump had last year announced a slew of tariffs on imports from countries around the world, saying the US had been unfairly treated and other nations were charging far higher tariffs on American ...