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Gold markets experience dramatic reversal amid U.S.-China trade negotiations
Gold markets exhibited extraordinary volatility on Monday as diplomatic developments between the United States and China created conflicting pressures on precious metals pricing. The trading session began with gold declining across key overseas markets in Australia, Hong Kong, and London, with August delivery futures initially falling $26.60 to $3,320.00 per ounce. This early weakness occurred despite a simultaneous decline in the U.S. dollar, creating a counterintuitive market dynamic that reflected growing investor optimism about renewed trade dialogue between the world's two largest economies. The diplomatic ... (full story)
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- Jun 9, 2025 5:15pm Posted byFundamental Analysis379
