US-China Trade Talk

Gold Prices Hold Steady as US-China Trade Talks Continue

Gold Prices and the Latest Market Updates: Gold prices are staying steady as the world watches the ongoing trade talks between the United States and China. These discussions, happening in London, are creating a lot of interest in the financial markets. Let’s break down what’s happening and why it matters for gold prices.

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Gold Price Forecast

Gold is likely to remain in demand as a safe haven

“However, as it remains unclear when and in what form an agreement with the Chinese leadership is possible – there have been different statements on this from Trump, US Treasury Secretary Scott Bessent and Beijing – Gold is likely to remain in demand as a safe haven for the time being. In addition, both Fed Governor Christopher Waller and Cleveland Fed President Beth Hammack have fuelled hopes of interest rate cuts with their latest statements.”

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