Gold prices fell for the third consecutive day, dropping as much as 2.2% amid market reactions to President Trump’s tariff policies.
The decline represents gold’s largest three-day drop since August 2020.
Despite Trump administration officials attempting to reassure investors, the precious metal continued its retreat from recent record highs as traders sold gold along with other assets over fears of a global trade war and recession.
Despite this decline, gold remains 14% higher for the year.
Original Source: Bloomberg
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