Gold (XAU/USD) faces the risk of a deeper decline if the following factors continue to develop unfavorably for the precious metal:
📌 1. Continued Improvement in US-China Relations
• The joint statement between the US and China has eased trade tensions.
• If both sides announce more concrete agreements or actions (such as tariff reductions or market access),...
Gold has seen a modest rebound from its lowest level in over a week, driven by dip-buying interest. However, the overall downtrend remains intact as risk appetite increases across markets, following a temporary trade and tariff agreement between the U.S. and China. This progress has reduced demand for gold as a safe-haven asset.
In addition, if the U.S. continues...
Gold price (XAU/USD) has dropped below $3,300 and is now trading around $3,275 in the Asian session on Monday, pressured by a stronger US Dollar and optimism from US-China trade talks. Both sides reported “substantial progress” after two days of negotiations in Switzerland, reducing safe-haven demand for gold. However, ongoing trade uncertainties and geopolitical...
