Gold Prices Under Pressure as Trade Talks Progress
Gold prices (XAU/USD) have edged lower, trading around $3,235 in early Asian sessions on Tuesday. This decline comes as a result of a stronger US Dollar (USD), rising US yields, and a growing sense of optimism regarding US-China trade negotiations.
Market participants are closely monitoring these developments as they gauge the potential impact on goldโs safe-haven status. As trade dynamics evolve, the precious metal’s price response will be critical for investors across the board.