The United States and China are not engaged in any talks on tariffs, the Chinese embassy said on Friday, according to Reuters.
US-China trade war
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.
Why MCX Gold Hit ₹99,358 and What’s Next?
The Multi Commodity Exchange (MCX) gold price soared to an all-time high of ₹99,358 per 10 grams on April 22, 2025, driven by a confluence of global and domestic factors. This surge reflects gold’s role as a safe-haven asset amid escalating geopolitical and economic uncertainties. Below, we explore the key reasons behind this peak and provide insights into the future outlook for MCX gold prices, based on market trends, expert analyses, and recent developments.
Explainer: Why Donald Trump has slapped up to 245% tariff on China
Donald Trump has placed high tariffs on Chinese goods. This is in response to China’s control over minerals. These minerals are important for many industries. The US relies on China for these resources. Trump’s move aims to protect US security. China says it will take action. The US is working to build its own mineral industry.
Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. Stimulus?
Market sentiment ended on a somewhat cautious note Friday as the tech-heavy Nasdaq 100 fell about 0.9%. The Dow Jones and S&P 500 erased losses however.
US-China Trade Negotiations in Washington During October 10-11
US-China trade negotiations in Washington during October 10-11. The news report further conveys that China’s Vice Premier Liu He will be representing the delegation from Beijing. The piece also mentions no surprises from the Trump officials.
Commodity Gold Report: Gold in Desperate Need of a Renewed Safe Haven Buying
Gold Silver Reports (GSR) – With gold coming under attack from the twin threats of a strengthening US currency and dwindling safe-haven demand, investors are wondering what can revive interest in the metal.