7 days ago
Gold Holds Drop as Haven Demand Eases on US Trade Deals Optimism
Gold held a decline as progress in talks between the US and key trading partners hurt demand for haven assets.
Bullion traded near $3,390 an ounce — following a 1.3% loss in the previous session — after Bloomberg News reported the European Union could be ready to accept a 15% tariff on most of its goods going to the US. That followed a similar agreement with Japan that included a $550 billion investment pledge by the Asian country.
