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The Economic Times

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Gold gains over 1% on soft US data, Trump's fresh tariff move

Gold prices surged over 1% as weaker U.S. GDP data and President Trump's announcement of new global tariffs fueled investor uncertainty. Despite a Supreme Court ruling against his previous tariffs, analysts predict continued volatility, supporting gold's safe-haven appeal. Economic slowdown and persistent inflation further bolster demand for the precious metal.

21 Feb 2026 9:25 am