Reported 2 days ago
Gold prices dropped after a three-day increase, influenced by US President Trump's trade deal with Japan and positive developments in EU trade negotiations, which alleviated fears of a trade war. Following the announcement of a 15% tariff on Japanese goods, gold retreated by 1.4%. Despite a 30% rise in gold values this year due to global uncertainties, current prices are nearing $3,385.81 per ounce, remaining just shy of April's record. Meanwhile, silver's industrial demand continued to grow, even as it faced recent volatility in its market.
Source: YAHOO