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Gold News: US Tariff Threats and Weaker Dollar Fuel Safe-Haven Demand – FX Empire

Daily US Dollar Index (DXY)The weaker US dollar supports gold as the Dollar Index has dropped by 0.6% from its recent two-week high. This decline makes gold more attractive to foreign buyers and strengthens the safe haven demand. Investor sentiment is also driven by an escalating trade tension. President Trump threatened a 10% tariff on […]