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Bloomberg Quint

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Image Credit: Bloomberg Quint

Gold Holds Loss As Trump Signals Openness To More Trade Talks

  • Gold steadied following a drop as Trump expressed openness to more trade talks, easing haven demand.
  • The precious metal surged by over 25% this year, reaching a record high, but rally has stalled recently due to trade policy uncertainties.
  • Market analysts suggest gold may retest or surpass previous highs if trade talks deteriorate.
  • Gold price was at $3,347.11/ounce with a cautiously bullish forecast; Silver rose, palladium climbed, while platinum remained stable.

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