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Trade Talk Hopes Outweigh Geopolitical Tensions as Gold Prices Slip

Gold prices dropped by as much as 2.1% after the US and China announced upcoming trade talks in Switzerland, reducing demand for safe-haven investments.

This decline follows a nearly 6% surge over the previous two days.

Despite escalating military tensions between India and Pakistan, investors focused more on the potential easing of global trade tensions.

Gold has increased almost 30% this year, reaching a record high above $3,500 in April. The Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting.

Original Source: Yahoo Finance

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999 fine silver bullion bars stacked on a dark surface with an oil refinery glowing at dusk in the background — illustrating why silver price is rising today as falling oil prices ease inflation expectations and drive precious metals higher
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