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Gold drops 3% as US-China tariff deal reduces market fears

Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.

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13 May 2025 03:54 AM 1k views

Gold drops 3% as US-China tariff deal reduces market fears

Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.

Stock Market

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Gold drops 3% as US-China tariff deal reduces market fears

Gold drops 3% as US-China tariff deal reduces market fears

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Jaahnavi Kandula Verdict: Indian Consulate asks for a review

Does parental sacrifice build values? Consistency matters more than sacrifice

Tirumala Laddu Fiasco: Legal Action Against Pawan Kalyan Over Controversial Comments

Met Gala 2026 Dress Code Revealed: Fashion is Art Promises a Creative Red Carpet

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Texas City power plant blaze fully contained after massive overnight response

Ohio lawmakers propose mandatory cardiac screenings for student athletes

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#preciousmetals

​Gold drops 3% as US-China tariff deal reduces market fears

​Gold drops 3% as US-China tariff deal reduces market fears

Jaahnavi Kandula Verdict: Indian Consulate asks for a review

Does parental sacrifice build values? Consistency matters more than sacrifice

Tirumala Laddu Fiasco: Legal Action Against Pawan Kalyan Over Controversial Comments

Met Gala 2026 Dress Code Revealed: Fashion is Art Promises a Creative Red Carpet

BJP's Electoral Journey in Tamil Nadu: From Margins to Momentum

Congress Criticizes Omar Abdullah Over EVM Stance After Maharashtra Elections

Texas City power plant blaze fully contained after massive overnight response

Ohio lawmakers propose mandatory cardiac screenings for student athletes

Pleasanton Fifth Graders Lead Inspiring Service Projects

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Popular Cities

Gold drops 3% as US-China tariff deal reduces market fears

Gold drops 3% as US-China tariff deal reduces market fears