<ul><li>There is no foreseeable scenario where prices of the yellow metal will decline amid the tariff war, according to David Tait, chief executive officer of World Gold Council.</li><li>Every indicator, both logical and instinctive, points towards a rise in gold's value, Tait told NDTV Profit in a conversation on Wednesday.</li><li>A growing concern for many is the threat to global financial stability posed by the sovereign debt crisis, with $72 trillion in sovereign debt already existing and an additional $12–13 trillion expected this year, Tait said.</li><li>Since US President Donald Trump's inauguration, gold prices have not rallied as much as anticipated. Many expected a decline in gold prices due to the reversal of key economic indicators that usually influence gold purchases, Tait said.</li></ul>

World Gold Council CEO Predicts Price Rise Amid Tariff War

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