Gold prices bounced back Thursday after hitting a one-week low, rising to over $3,3000 per ounce.
The recovery followed a court ruling that blocked President Trump’s broad tariffs, though the White House plans to appeal.
Traders are now watching for Friday’s key U.S. inflation data (PCE figures) to gauge Federal Reserve policy direction.
The dollar’s weakness and ongoing economic uncertainty continue to support gold’s appeal as a safe-haven asset.