<ul data-eligibleForWebStory="false">Gold extended its decline as President Donald Trump confirmed the new August deadline for reciprocal tariffs, easing trade fears.The delay in enforcement of Liberation Day duties has allowed for extended negotiations, reducing concerns about global trade disruptions.Gold prices fell by 0.5% to around $3,285 an ounce, following a 1% loss in the previous session.The decline in gold prices has been influenced by higher US Treasury yields and reduced bets on Federal Reserve interest-rate cuts.