-
Gold (XAUUSD) and Silver Approach Key Levels Amid US-EU Trade Deal
Gold (XAUUSD) prices show uncertainty at support and remain under pressure following the breakthrough US–EU trade deal. The agreement, which ends months of tariff threats, reduces geopolitical risk. As market sentiment improves, demand for safe-haven assets tends to weaken. This shift has pushed gold prices lower towards the support zone. The deal includes a 15% US tariff on EU goods, half the initially threatened 30%. It also opens European markets to certain US exports tariff-free. President Trump and EU Commission President Von der Leyen both praised the agreement, signalling improved diplomatic and economic ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
*TRUMP: WE HAVE REACHED A DEAL WITH EU *TRUMP ON EU: BIGGEST DEAL EVER REACHED *TRUMP: EU WILL AGREE TO BUY US 750B WORTH OF ENERGY *TRUMP: EU AGREES TO OPEN UP COUNTRIES TO TRADE AT 0% TARIFF Trump: We will impose a 15% customs duty on the European Union
From boereport.com | Jul 27, 2025
The U.S. and the European Union agreed on a framework trade deal on Sunday, ending months of uncertainty for industry and consumers on both sides of the Atlantic. Here are the main elements of the deal: Almost all EU goods entering the U.S. will be subject to a 15% baseline tariff, including cars, which now face 27.5%, as well as semiconductors and ...
From fxempire.com | Jul 27, 2025
Silver ended last week flat at $38.16 after a brief breakout to $39.53the highest level since 2011. Early gains were fueled by falling U.S. Treasury yields, a weakening dollar, and persistent supply tightness in the spot market. Tariff-driven trade uncertainty and a widening premium between U.S. and London contracts further supported the bullish tone. ...