The safe-haven demand for the traditional store of value, Gold price, remains unabated amid a typical market unrest and panic situation, courtesy of Trump’s tariff plans. Investors scurry for safety in the bright metal, bracing for a raft of tariffs likely to be implemented as early as next week.
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Gold Outlook: Investors await US tariff headlines, NFP
Gold investors: The Institute for Supply Management (ISM) Manufacturing PMI and JOLTS Job Openings data will be featured in the US economic calendar on Tuesday. Investors are likely to ignore these releases and refrain from taking large positions before the Trump administration shares the details about reciprocal tariffs on Wednesday.