The Wall Street Journal Editorial Board has warned that the recent 15% tariff agreement with Japan could carry long-term strategic costs in the form of rising prices and mounting pressure on consumer and business sentiment.
The lack of a breakthrough in the US-China trade dispute could lead to US restrictions on semiconductor exports, threatening billions in American corporate sales.
Gold prices fell as optimism grew for a ceasefire between Russia and Ukraine, and the largest outflow from gold-backed ETFs since September 2022 pressured the market.
"I'm not really a jewelry buyer and I had no idea how much gold was in these items," Kleinman, an HR consultant who lives on the Upper East Side with his family, told The Post.
Gold prices stabilized after a correction, influenced by geopolitical factors and evolving trade policies, with tensions in the Middle East and Eastern Europe impacting demand.
Gold prices fluctuated as investors weighed geopolitical developments and awaited US economic indicators, with a focus on potential market responses to the CPI data.
