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Gold Holds Drop as Haven Demand Eases on US Trade Deals Optimism

Summary by Bloomberg
Gold held a decline as progress in talks between the US and key trading partners hurt demand for haven assets.

8 Articles

The price of gold is under pressure: while progress in international trade talks is generating hope for a relaxation of customs conflicts, safe ports like gold are losing its glory. A new optimism about possible agreements between the US, the EU and Japan has recently dampened the demand for the precious metal – and with it the price of gold itself. [...] The post-tariff optimism is pushing gold price: Is flight in gold over? appeared first on f…

Gold prices fell further on Thursday as easing trade tensions reduced demand for safe-haven assets, offsetting support from a weaker dollar. Spot gold was down 0.2 percent at $3,379.69 an ounce by 0534 GMT, after falling 1.3 percent on Wednesday. U.S. gold futures fell 0.4 percent to $3,358.40. The European Union and the United States are close to a similar trade deal that would impose 15 percent tariffs on European goods while exempting other i…

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Upstract broke the news in on Wednesday, July 23, 2025.
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