Gold prices edged lower in Asian trade on Wednesday, but remained near record highs as markets reacted to Donald Trump’s new tariff threats and awaited further Federal Reserve signals.
\ud83d\udd38 Trump proposed 25% tariffs on autos, pharmaceuticals, and semiconductors.
\ud83d\udd38 Markets reacted mildly, seeing the move as a negotiation tactic rather than an immediate economic disruptor.
\ud83d\udd38 Investors await the FOMC minutes from January for cues on the Fed’s stance.
\ud83d\udd38 Any signals of delayed rate cuts could limit gold’s upside.
\ud83d\udd38 Talks of a U.S.-brokered peace treaty led to some profit-taking in gold.
\ud83d\udd38 However, uncertainty over global trade still supports gold as a safe-haven asset.
\ud83d\udcc9 Spot Gold: $2,929.02/oz (-0.2%)
\ud83d\udcc9 Gold Futures (April): $2,946.22/oz (-0.1%)
\ud83d\udd39 Commodities API – Get real-time gold price updates.
\ud83d\udd39 Economics Calendar API – Stay ahead of Fed decisions impacting gold.
\u2705 Bullish Case: If tariffs escalate or Fed signals rate cuts, gold may test $3,000/oz.
\u274c Bearish Case: If peace talks progress and rates remain high, gold could pull back.
With geopolitical risks rising, gold remains a key hedge in uncertain markets.
