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03 Jun 2025

Gold turns lower after reaching its highest level in about 4 weeks

Gold prices fell during Tuesday's trading, retreating from their highest level in about four weeks, due to a slight rise in the U.S. dollar. Meanwhile, investor caution persisted amid uncertainty surrounding the U.S.-China trade agreement, which helped limit the precious metal's losses

The price of gold futures for August delivery fell by 0.3% or $9.70 to $3,387.50 per ounce.
The spot price of gold declined by 0.55% or $18.80 to $3,362.79 per ounce

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