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28 April 2025 07:07  |

Gold Falls Amid Dollar Strength, Signs of Easing U.S.-China Trade Tensions

Gold falls in the early morning Asian session amid dollar strength, which tends to make the precious metal more expensive for investors holding other currencies. Also, signs of easing U.S.-China trade tensions may have reduced gold's safe-haven appeal. The WSJ reported that China has exempted some U.S. imports that the country would struggle to immediately source from elsewhere from its retaliatory tariffs.

Market sentiment has shifted as the dollar stabilizes and traders have started to reassess risks surrounding trade tensions, FFA Kings' founder and CEO Fadi Al Kurdi says in an email.

Spot gold is 0.4% lower at $3,306.73/oz.

Source :  Dow Jones Newswires

 

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