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May 9, 2025

Gold Price Dips Below $3,300 Amid Easing Trade Tensions

Gold prices (XAU/USD) have continued to decline for a third consecutive day, falling below the critical $3,300 mark during the Asian session. Recent developments, including a US-UK trade deal, have sparked optimism for future agreements with other countries. This sentiment, combined with US-China tariff negotiations, has increased selling pressure on gold. Investors should assess the impact of these negotiations on the gold market moving forward.

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