02th May 2025

Chinese Market Closes and Gold Drops to Two-Week Lows

Gold prices edged lower in today’s trading, due to easing trade tensions and the closure of its largest buyer, China, for the holidays. Following Trump’s trade threats, the Dragon’s appetite for gold had grown significantly; therefore, China’s absence from the safe-haven market is having a decisive impact on prices. Source: BullionVault

30th April 2025

Gold rises after U.S. market open: U.S. economy in decline

Tariff effects weigh on the world's largest economy, with annualized GDP for the first quarter slowing by -0.3%, down from the previous +2.4%. It’s the first drop since 2022. A bitter wake-up call for the United States, which had expected a positive figure (+0.2%). Gold is responding well—after a weak start to the day, it began to rebound as the U.S. markets opened.Source: Investing.com

29th April 2025

Weaker gold due to higher risk aversion and bearish external markets

Gold prices are down in early U.S. trading today, driven by an increased risk appetite from traders and investors. Bearish markets, fueled by a rise in the dollar index and a drop in crude oil prices, are playing against precious metals. June gold has fallen to $3,321.20 per ounce (-$26.50). Silver is up, reaching $33.175 per ounce.
Source: Kitco News