Mumbai, Jan. 13 -- Gold prices slipped below $4,600 per ounce in early Asian trade on Tuesday, easing after a sharp rally of more than $100 following renewed concerns over the US Federal Reserve's independence, escalating geopolitical risks, and fresh tariff threats from President Donald Trump. The sharp surge in gold-and a parallel rally in silver-was directly driven by safe-haven demand sparked by President Donald Trump's tariff actions and escalating geopolitical uncertainty. Trump's announcement of a 25% tariff on countries trading with Iran, coupled with repeated warnings of possible military action, triggered a broad flight to safety across financial markets. This tariff turmoil has significantly lifted demand for precious metals, wit...
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