The price of gold decreases by 2.3%, on the way to suffer weekly losses

Gold ends a week full of fluctuations, after setting record levels and then dropping, amid references to the possibility of some tension in the trade war. The price of gold fell by a rate of 2.5%to see a third drop in four sessions, which led to the eradication of its weekly profits. These declines come after reports that China is studying the suspension of 125% of customs duties on some US imports, while Scott, US Treasury Secretary, indicated that the United States and South Korea could reach a commercial “conceptual agreement” by next week. The golden march in 2025 despite the recent decline, the precious metal has been still supported by more than 25% since the beginning of the year, supported by the increase in the demand for safe assets amid the storage of the market as a result of the increasing commercial policies pursued by the administration of President Donald Trump. These profits have strengthened the streams to gold -powered indicators, along with the purchases of central banks of gold. Indicators also appear on a strong demand in China, especially from individual investors. You may also be interested in: Gold that has fallen by more than 3.5% amid the calm between America and China, the immediate gold price fell by $ 2.3% to $ 3,271,34 at 11:23 pm in New York, after scoring a new highlight above the $ 3500 level earlier this week, while the immediate bloom mountain index was from the dollar. The prices of silver, platinum and fladium dropped.