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Tag: U.S.-U.K. trade deal
Gold Prices Decline Amid U.S.-U.K. Trade Deal and Anticipation of U.S.-China Talks
On May 9, 2025, global financial markets witnessed a notable shift as gold prices declined following the announcement of a U.S.-U.K. trade agreement and in anticipation of upcoming U.S.-China trade talks. The spot price of gold fell to $3,274.38 per ounce before rebounding slightly to $3,316.29, while U.S. gold futures settled at $3,321.60 . This movement reflects the complex interplay between international trade relations and investor behavior, particularly regarding safe-haven assets like gold.