How long will gold prices rise on US tariff fears?

Dubai: The spot price of gold worldwide may have been highly volatile off late and choppy with traders reassessing the impacts of the US President Trump’s tariff policies, but there is no denying the fact that the yellow metal keeps closing in on its all-time high price of $2,943 – much to the dismay of buyers. 

Last week, gold traded between $2,854 and $2,943 in the week, but closed with a loss of 1.57 per cent on Friday but managed to eke out a weekly gain of around 1 per cent to post a seventh consecutive weekly gain. But how long will prices keep rising? Will prices drop to buyer-friendly levels anytime soon?