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 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.
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.
Gold consolidates in the $3270 to $3380 range
Gold prices fluctuate between $3270 (~Rs 94300) and $3380 (~Rs 96200), indicating contradictory signals from US-China trade talks.
Gold steadies on hopes of US-China trade deal
Gold is stabilising around $3350 (~Rs 95500) as sentiment has gone Risk-On after China mulled suspending its 125% tariffs on select US imports, including medical equipment, ethane, and plane leasing.
Gold might have topped out at $3500 in the short-term
Gold prices fell more than 3% yesterday after reaching $3500, and the market appears to have peaked in the short term. Markets are still digesting President Donald Trump’s softer tone on the U.S.-China trade war, as well as his turnaround on wanting to fire Federal Reserve Chair Jerome Powell.
Gold is off $200 (~Rs 4000) from its high on Risk-On sentiment
Gold prices have plummeted by over $200 (~Rs 4000) from their high of $3509 due to U.S. President Donald Trump’s retraction of threats to fire Federal Reserve Chair Jerome Powell and expressed optimism for a trade deal with China, decreasing gold’s safe-haven appeal.