Gold retreats as dollar climbs on Trump tariffs
Gold prices declined nearly 1% on Monday, following a record-breaking rally in the previous session. The drop comes as the U.S. dollar strengthened, fueled by mounting concerns over a potential global trade war sparked by former U.S. President Donald Trump’s tariffs on China, Canada, and Mexico. Spot gold fell 0.9% to $2,776.05 per ounce, retreating…