US gold futures rose 0.4% to $2,917. After hitting a one-week low in the previous session, as rising uncertainty stemming from US President Donald Trump's tariff plans dampened risk appetite and boosted demand for bullion as a safe-haven asset.

Trump's tariff concerns, which have led to a somewhat sluggish state of confidence in the US economy from a consumer mindset, have supported gold, said Kelvin Wong, senior market analyst, Asia Pacific, at OANDA.

Until this news was released, the price of Gold was at $ 2,917

Note:

This article is only an analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id