Canadian Prime Minister Mark Carney is reportedly close to finalizing a trade deal with the United States, accepting U.S. tariffs affecting approximately C$20 billion in Canadian exports. These tariffs are currently temporarily paused as negotiations continue. Analysts believe this strategy could foster greater economic stability, influencing market behavior, particularly in the gold sector. Market participants will closely watch the outcome of the Canada-U.S. negotiations and any shifts in U.S. Federal Reserve policy, with potential implications for gold prices by the end of December.
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