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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)