Gold regains ground amid renewed uncertainty in global trade

Gold has partially recovered after losing ground earlier this week. In recent days, the price of the precious metal has increased due to a decision by the US Federal Appeals Court to delay the cancellation of President Donald Trump's tariffs. The weakening of the dollar, triggered by fiscal risks and political pressure on the Federal Reserve, has also contributed to gold's strengthening. This information is provided by Bloomberg.

Meanwhile, economic indicators point to a slowdown in the US economy. This is due to a decline in consumer spending and the impact of trade tensions.

All of this will likely increase the appeal of gold as a safe asset. According to Goldman Sachs, the yellow metal and oil will remain long-term hedges against inflation.

However, Bloomberg experts believe gold could end the week down 1.2%. They attribute this to an improvement in US relations with international trading partners and an overall positive sentiment in financial markets.