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Gold Drops as US Deal With Japan, EU Talks Ease Trade Concerns
Gold dipped after a three-day rally as US President Donald Trump’s deal with Japan and a report on progress over talks with the European Union allayed trade war concerns that have stoked demand for haven assets. Bullion retreated as much as 1.4% after Trump said he would impose 15% levies on goods from Japan, while the Financial Times reported that the US and EU were closing in on a similar deal. The terms with Japan were better than most investors expected, following fraught negotiations. Commerce Secretary Howard Lutnick said earlier that Japan’s pledge of hundreds of billions in US investments “could be” a ... (full story)
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- Jul 23, 2025 2:46pm Posted byFundamental Analysis246
