Gold prices fall modestly amid a stronger dollar and ongoing US-China negotiations, despite persistent Middle East tensions.
Gold (XAU/USD) declined 0.25% in Thursday’s North American session, trading at [price not specified] as the US dollar strengthened and US-China talks progressed. The retreat contrasts with elevated Middle East tensions, typically a bullish driver for the metal.
Earlier in the week, gold hovered near multi-month highs on geopolitical risks, but the dollar’s rally and optimism around the Trump-Xi summit reduced demand for safe-haven assets. The pair remains sensitive to macroeconomic shifts and trade developments.
No immediate market reaction details were provided, though equities and bond yields may reflect shifting risk sentiment.