US-China tariff talks: The price of gold (XAU/USD) continued to drop during the first half of the European trading session and is now around $3,217, just above the lowest point in two weeks reached earlier today. Positive global market vibes, driven by reduced trade tensions between the US and China, along with a stronger US Dollar, have pushed investors away from gold, a safe-haven asset, for three days in a row.
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Gold Price Forecast: Yellow Metal slumps below $3,230 amid hope for US-China trade deal
Gold Price Forecast: The Gold price (Yellow Metal) extends the decline to around $3,221 during the early Asian session on Thursday. The precious metal edges lower to near two-week low amid easing US-China trade tensions as traders hope for US-China trade deal after US President Donald Trump’s comments
Gold crucial update [30-04-2025]
Gold crucial update By Neal Bhai (30-04-2025) – Gold (XAU/USD) under Selling Zone. But Remember any Big Panic Buy For Target $3500——$3700.
Gold-plated silver jewellery is a better option to buy on Akshaya Tritiya 2025
Buying gold on Akshaya Tritiya is a deep-rooted tradition for Indians that blendsfaith and fortune for them. Indian families are estimated tohold about 24,000 tonnes of gold, making them the world’s largest single entity to own the precious metal.
Should You Buy Gold This Akshaya Tritiya 2025? Best Timing Tips
Akshaya Tritiya 2025 is just around the corner, a lucky day when many Indians buy gold for prosperity and good fortune. “Akshaya” means “never-ending,” and gold bought on this day is believed to bring lasting wealth. But with gold prices at record highs, is it the right time to buy? And when’s the best moment to make your purchase?
The easing in the US-China trade war has put pressure on the price of gold denominated in US dollars.
The US dollar (USD) continues to attract demand as short-covering and easing of the US-China trade war keep putting bearish pressure on the USD-denominated gold price, while US Treasury bond yields and risk sentiment turn south again.
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.”