[Fri, 25 Apr 2025 18:01:06 +0300]


Singapore - Saba:
Gold prices fell on Friday after China considered suspending tariffs on some US imports, denting the metal's appeal as a safe haven.

Spot gold fell 0.8 percent in Asian trading to $3,322.36 per ounce, while US futures fell 0.5 percent to $3,332.90.

China is considering exempting some US imports from 125 percent tariffs, while US President Donald Trump confirmed that talks with Beijing are ongoing to resolve trade disputes.

The price of the non-yielding metal, often seen as a hedge against global instability, has risen more than $700 since the beginning of the year and has reached record highs several times, reaching $3,500.05 last Tuesday.

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