Gold and Signals of Trade Agreement

Author: @aljif7
Platform: Hive-
Date: Thursday 3 July 2025
Category: Finance

GOLD is showing a correction for today 3 July at beginning Asian Session. This correction is reflecting recent trade agreement.

Gold price is at 3,354.51 USD at the moment of this post.

As we can read about new agreement on trade is reducing the Buy interest for Gold.

Gold edges lower in the early Asian session amid hopes for more trade deals, which could reduce the safe-haven appeal of the precious metal.
President Trump announced Wednesday that the U.S. and Vietnam have struck a tariff deal that will see American goods enter the country duty-free. In return, the U.S. will charge 20% tariffs on Vietnamese goods, Trump said, instead of the 46% tariffs he had announced in April.

The deal is seen as a sign that more deals may be coming and a hope that trade tension will not re-escalate as 9 July approaches. ([email protected])

Let's see how Gold moves on July!

Note that this is not in any way a Financial Advice. Make your own research.
That’s all for now my friends!
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