Gold prices fall amid US trade uncertainty

Gold prices remained stable on Wednesday with investors closely monitoring US President Donald Trump‘s tariff proposals, which have sparked worries about a potential trade conflict.

Spot gold prices fell at 1:33 PM GMT by 0.10 per cent to $2,912.10 per ounce, compared to the previous closing price of $2,914.95.

Meanwhile, US gold futures rose 0.22 per cent to $2,925.09 per ounce, compared to Tuesday’s closing of $2,918.8.

Attribution: Amwal Al Ghad English, Reuters

Subediting: M. S. Salama

Leave a comment