Gold prices steadied on Tuesday after three straight days of losses as improving risk appetite and softer US tariff rhetoric prompted profit-taking in the safe-haven asset after its recent outperformance.
Trump said on Monday that auto tariffs would go into effect soon even as he indicated that not all of the levies he has threatened would be implemented by April 2 and that some countries may get waivers, a move Wall Street took as a sign of flexibility on an issue that has roiled markets for weeks.
Source: Newsmaker.id