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Trade deal optimism weighs on precious metals
Gold extended its decline for a second consecutive session as markets responded positively to emerging prospects for a trade agreement between the United States and European Union. The precious metal's retreat reflects broader investor sentiment shifting toward risk assets amid hopes for reduced trade tensions. The European Union appears to be progressing toward a comprehensive trade accord with Washington that would establish a 15% tariff regime on EU goods entering American markets. This development represents a significant diplomatic achievement, as it would effectively circumvent the more punitive 30% levy ... (full story)
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- Jul 24, 2025 11:44pm Posted byFundamental Analysis200
