Reported 22 days ago
Gold prices have declined as investors analyze President Trump's announcement to postpone increased tariffs on several trade partners, maintaining that the new deadline of August 1, 2025, is final. The precious metal fell by 1.5%, pressured by rising treasury yields and a stronger dollar, which complicates gold purchasing for buyers using other currencies. Trump's trade policies have previously driven demand for gold as a safe haven, but recent developments have led to a decrease in its value.
Source: YAHOO