Gold Rises as Global Tariff Pressures Build

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Gold edged higher to $3,350 on Tuesday after easing slightly the day before, driven by growing concern over U.S. trade policy. Trump issued formal letters to 25 countries confirming that new tariffs, including a 30% tax on imports from key partners like the EU and Mexico, will begin on August 1. Safe-haven flows supported gold prices with the rising geopolitical uncertainty.

Resistance is at $3,370, while support holds at $3,330.

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