Gold prices bounced up about $100 (~Rs 1500) from their intraday lows as investors appeared to be shifting back to safe-haven assets due to a slowdown in the pace of discussions between Russia and Ukraine and less-than-expected US data.
Gold plummeted to $3150, poised to fall $100 more
As global trade tensions eased, demand for safe-haven assets declined, causing gold to drop 2% and hit a low of over five weeks.
Gold vulnerable to the Risk-On sentiment
Following the U.S. and China’s agreement to significantly reduce tariffs, gold fell to its lowest level in almost a month, although it slightly recovered yesterday due to ongoing uncertainty surrounding the direction of trade talks.
Gold bleeds as the US-China lower import tariffs
The United States and China decided to reduce import duties on each other’s goods for ninety days to de-escalate their trade war.
Gold slips below $3300 on de-escalation of tariff war
Gold prices have retreated as there are signs of de-escalation of the tariff war between the US and China. Also, the fact that gains have now paused twice in the mid-$3400 (~Rs 97000) range suggests that the rally may be nearing its short-term exhaustion.
Gold reclaims $3400 as tariff war uncertainty revives
Due to increased geopolitical tensions in the Middle East, Eastern Europe, and India-Pakistan, as well as ongoing market uncertainty over U.S. trade policies, gold is up 2% on the week.
Gold poised for parabolic rise again
Gold prices are reaching unprecedented levels in 2025, and recent back-to-back advances indicate another parabolic price movement may be on the horizon.
Gold rebounds on reviving trade tensions
President Donald Trump’s new tariff threat fueled demand for safe-haven assets, helping gold rise more than 1% to above $3370 (~Rs 96000), its highest level in almost a week.
Is the worst of the tariff war behind us?
The bulls dominated the first few weeks of April, while the bears, who tested the $3200 mark in gold, dominated the final two weeks. Gold prices have corrected almost 8% from their high as the worst of the tariff war is behind us.
Gold slips on easing trade tensions
Gold prices have slipped by the easing of tariffs and the willingness of both the United States and China to listen and back off. The United States has contacted China for talks regarding President Donald Trump’s 145% tariffs, and Beijing is amenable to them.