negative
Recently
Gold falls over 2 % to three-week low on easing trade worries
No Image
Gold prices slid over 2% as trade-tension relief reduced safe-haven demand, signalling shifts in risk-sentiment dynamics.
Gold prices tumbled more than 2% to hit a three-week low as easing U.S.-China trade tensions lifted risk appetite and reduced safe-haven demand. Spot gold fell to around $3,924.99/oz, while U.S. futures slipped to about $3,940.20. The shift suggests that even moderate improvements in global trade can significantly sway traditional hedges, raising questions about gold’s near-term role as a defensive asset in volatile environments.