Gold prices continued to fall for the second day, dropping over 1%, as the US dollar rebounded and President Trump’s softened trade stance with the EU reduced demand for gold.
The dollar’s 0.3% gain made gold more costly for non-US buyers. Traders are now focusing on upcoming US inflation data and the Federal Reserve’s next moves, with rate cuts expected later this year.
Despite the decline, analysts believe gold’s long-term support remains intact amid market uncertainties.
Original Source: Reuters
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
