Gold Struggles as Markets Anticipate Positive US-China Trade Developments
Gold prices face pressure as optimism grows around US-China trade relations. Recent market trends indicate a decline in risk aversion. Investors show reduced interest in gold, which traditionally serves as a hedge during uncertain times. The cooling trade tensions have lessened gold’s allure. As the market outlook brightens, traders might seek alternative investments. The question remains whether gold can rebound or will the pressure continue amid positive economic signals from major nations.