US Edition
Gold Edges Lower as Traders Track US-China Trade Talks
- Gold prices declined on Tuesday in London as US-China trade talks extended into a second day involving key tariff and rare earth issues.
- The talks follow last month's temporary tariff pause and come amid China's slowing export growth and worsening factory-gate deflation in May.
- Gold prices declined on Tuesday, with spot gold slipping 0.5% to $3,311.16 per ounce and US gold futures decreasing by 0.7% to $3,330.90. Other metals tied to gold, including silver and platinum, also experienced drops.
- President Trump said his administration was 'doing well' in the negotiations, while analyst Tim Waterer noted gold trades reservedly pending US inflation data due Wednesday.
- Market participants expect the trade talks and upcoming US inflation report to influence gold’s near-term direction amid cautious sentiment.
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Gold fell 0.5% to $3,311.16 an ounce on Tuesday, as markets awaited developments in the US-China trade talks in London...
·Amman, Jordan
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Gold Dips as Markets Rebound
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Zawya
ZawyaGold falls as traders watch US-China trade talks in London
·United States
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Coverage Details
Total News Sources15
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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