Gold Dips Amid Dollar Strength & Trade Tensions

  Published 10 months 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.

You might like these

Kashmir Railway: India Connects Valley to Plains

Nifty, Sensex Slip on Bank Woes

RBI revises NBFC risk weight norms

Oracle Cloud Revenue Surges

India's $300B Bioeconomy Mission 2030

Samsung India Tax Dispute: Executives Fight $81M Penalties

Insurance Premiums Up, Policies Down

News that matters the most ⚡