Global markets are on edge as the US enforces new tariffs on Canada, Mexico, and China, triggering retaliatory measures and fueling inflation concerns. Investors are flocking to safe-haven assets, pushing gold prices up by nearly 10% this year. Augmont reports that gold remains in a bullish trend above $2900 (~Rs 85,400), while silver trades between $31.5 and $34 (~Rs 93,000 – Rs 97,000). Rising inflation and declining confidence increase recession risks for the US economy, with key support and resistance levels guiding market movements.
