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TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B

Gold Stays Strong as Lower Risk of US Trade War Weakens Dollar

Andrew Carson
Andrew Carson

Andrew Carson

Andrew is a professional stock market analyst with a keen...

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Andrew Carson

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Gold prices maintained upward momentum as the US dollar softened after reduced tensions surrounding potential trade disputes. Investors showed renewed interest in the metal, which often serves as a safe-haven asset, as uncertainty surrounding economic policies eased slightly.

The shift followed indications of de-escalation in trade conflicts involving the US, leading to a less defensive stance in currency markets. This weakened the dollar, making gold more attractive to buyers using other currencies. Analysts suggest this trend could persist if global trade relations stabilize further, keeping gold in focus for risk-conscious investors.

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