Gold Steadies as Markets Weigh Geopolitics, Tariffs, Rates Path

Gold steadied as traders assess the latest twists in US President Donald Trump’s trade strategy, geopolitical developments and the outlook for the Federal Reserve’s interest rate path.

Trump signed an executive order imposing an additional 25% tariff on India over its purchase of Russian energy, the White House said Wednesday, hours after talks between the US and Russia over the war in Ukraine failed to yield a breakthrough.