Gold Eases Amidst Trade Deal Hopes

  Published 1 year ago

Gold prices dipped as Trump delayed EU tariffs, sparking relief in markets. Despite this, a positive long-term trend persists due to US trade actions and central bank diversification towards gold, even with SPDR holdings decreasing slightly.

  • Trump postponed 50% EU tariffs to July 9th.
  • A weaker dollar supports gold’s price.
  • Ukraine saw a major Russian aerial attack.

You might like these

Lloyds Engineering Wins ₹20.67 Crore Naval Order

Edelweiss NCDs Issue: 150 Cr Base, 150 Cr Green Shoe

RBI Study Reveals Corporate Revival

India Shares Fall on US‑China Tension

TIL Defence: Boosting India's Military Production & Global Reach

L&T, ACWA Power Sign Yanbu Renewable MOU

GSTAT Launch: Unified GST Appeal Forum

News that matters the most ⚡