Bullion Recovers as Trump Sends Mixed Messages on Tariffs

Gold climbed 0.6% to $3,363.97/oz as traders reacted to conflicting signals from Washington on global trade. While Trump has left the door open for further negotiations, his tariff threats continue to hang over the market, keeping investors cautious.

Despite a stellar run earlier this year, gold has stalled below its record peak of $3,500/oz. Analysts note that if trade tensions worsen ahead of August, bullion may break out again. For now, the market remains in wait-and-see mode, with a cautiously bullish outlook.