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flag Federal court strikes down Trump's tariffs, boosting dollar and hurting gold prices.

flag A US federal court ruled that President Trump's tariffs exceed his legal authority, impacting gold prices. flag The ruling strengthened the US dollar and weakened gold, which reached a one-week low. flag Indian stock markets opened positively, boosted by the court decision and Nvidia's strong earnings. flag Investors shifted from safe-haven assets like gold to equities, driven by improved market sentiment and economic outlook. flag The Trump administration plans to appeal the decision.

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