Trump vs Powell Round Two: Gold Shines Amid Market Fears

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Trump vs Powell Round Two: Gold Shines Amid Market Fears - Business Today

Quick Summary:

Bullion prices soared to another all-time high on Tuesday, while the dollar wobbled and global equities mostly slipped, after former US President Donald Trump unleashed fresh criticism of Federal Reserve Chairman Jerome Powell—stoking fears over the central bank’s independence.

Amid the turmoil, the US dollar steadied after Monday’s sharp drop but remained fragile against key peers.

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