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Gold reacts by falling to possible changes in duties between the United States and China


April, 25 2025

On Friday, gold is getting cheaper amid news about trade relations between the United States and China, which is reflected in global market sentiment. June gold futures on the New York stock exchange Comex dropped to $3,316 per troy ounce. The May silver contract also fell in price, dropping 0.59% to $33.38 per ounce.The reason for the decline in quotations was expectations for a change in tariff policy: China is considering the possibility of lifting 125% duties on some American goods, includin... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.