Gold Prices Surge Amid Tariff Concerns And Fed's Rate Pause

According to Odaily, following the January interest rate meeting, the Federal Reserve has entered a phase of pausing interest rate cuts. Recent non-farm payroll data indicates that the U.S. labor market remains resilient. Since U.S. President Donald Trump took office, his tariff policies have been inconsistent, with limited actual implementation. The impact of these tariffs on inflation requires further observation, and tariff issues continue to unsettle the market. Since January, gold prices have been on the rise, reaching new highs. The demand for safe-haven assets, driven by tariff concerns, has overshadowed fundamental data. The January non-farm payroll report had a bearish impact on gold, failing to provide additional upward momentum. The Federal Reserve's pause in rate cuts and the stability of the job market have supported the U.S. dollar index. Meanwhile, U.S. Treasury yields face upward risks, expected to stabilize and recover, while the stock market continues its volatile trend.