Gold needs trade, rate clarity to break above $3,300, copper shows tariffs on gold can’t be ruled out – WGC’s Cavatoni

(Kitco News) – Gold’s continued consolidation near $3,300 per ounce shows the market is still waiting for clarity on interest rates and trade, and last week’s sudden announcement of tariffs on U.S. copper imports is a reminder that investors can’t be certain the same won’t happen for gold, according to Joe Cavatoni, Chief Market Strategist for North America at the World Gold Council.