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Gold Selling Continues On Trump/China Trade Hopes
Gold prices have come under fresh selling pressure on Monday amidst a better tone to risk appetite at the start of the week. Talks between US and Chinese officials this weekend went well with the two sides agreeing on a framework for a trade deal ahead of a confirmed meeting between Trump and Xi this week. Optimism that the two leaders can deliver the deal this week, which includes provisions on rare earths access for the US and a fresh tariff suspension, is seeing risk assets rallying this morning, reducing safe safe-haven demand for gold. Trump and Xi are due to meet on Thursday on the side-lines of the ASEAN ... (full story)
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From fxstreet.com | Oct 27, 2025
Gold price (XAU/USD) tumbles to a two-week low near $4,000 during the early Asian session on Tuesday. The precious metal attracts some sellers after the United States (US) and China agreed on a framework for a trade deal. Traders brace for the Federal Reserve (Fed) interest rate decision later on Wednesday. The attention will shift to the meeting between US ...
From actionforex.com | Oct 27, 2025
Gold and Silver came under renewed pressure at the start of the week. Gold briefly dropped below 4,000 mark before stabilizing, while Silver’s decline gathered pace after breaking key retracement support. The timing of the selloff coincides with the announcement of a new U.S.–China framework deal designed to avert a major tariff escalation in November. The ...
Top Chinese and US economic officials agreed on the framework for a trade agreement on Sunday (Oct 26) as US President Donald Trump said he was confident of hashing out a deal with Chinese President Xi Jinping when they meet in the coming days. US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He ...
