Gold prices settled near an all-time high on Monday, supported by concerns over US President Donald Trump's tariff plans. The focus has shifted to an important report on inflation in the United States due later in the week.
Spot gold settled at $2,934.82 an ounce. U.S. gold futures fell 0.1 percent to $2,950.10. Gold hit an all-time high of $2954.69 last Thursday.
Trump has warned that he will announce new tariffs next month, adding timber to plans he has previously announced to impose tariffs on imports of automobiles, semiconductors, and medicines.
Source (Al-Rai Kuwaiti Newspaper, Edited)
