Gold Dips Amid Dollar Strength & Trade Tensions

  Published 1 year ago

Gold fell 1% Tuesday pressured by a stronger dollar and investor caution ahead of potential Trump-Xi talks amidst ongoing trade disputes. Rate cut expectations and strong industrial metal demand offered some support to other precious metals.

  • Gold dropped to $3,346.96/oz as the dollar rose.
  • Trump-Xi call looms with tariff concerns rising.
  • Platinum & palladium saw gains despite gold's fall.

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