Gold prices increased on Wednesday. The dollar weakened slightly, and U.S. bond yields decreased. Investors are waiting for the U.S. core Personal Consumption Expenditures (PCE) price index report. Donald Trump eased tariff threats on EU imports. U.S. consumer confidence improved in May. Neel Kashkari suggested keeping interest rates steady. Gold imports to Switzerland from the U.S. rose in April.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets