Why Gold, Mining Stocks Are Some of The Few Assets Falling Monday

Why Gold, Mining Stocks Are Some of The Few Assets Falling Monday

The price of gold and gold-related stocks lost ground Monday, as investors pulled away from traditional safe havens amid a broad market rally fueled by easing U.S.-China tariffs.

Gold, an active refuge, dropped 3% on Monday due to a decrease in the feeling of risk following the announcement of a temporary agreement between the United States and China to reduce tariffs in the short term.The spot gold dropped 3% to $3,225.28 an ounce. The bullion, considered a cover against economic and geopolitical turmoil, reached a historic peak of $3.5 billion last month amid increased tariff uncertainty.The futures of American gold fe…

In the tariff conflict between the US and China, the signs stand for relaxation. The uncertainty in the market is getting smaller, the safe port of gold is less in demand.

During 2024, Colombia recorded imports from China for more than $14.7 billion, while it sent just over $463.1 million.

Gold prices fall noticeably this morning compared to Friday evening. Several messages provide risk-on-feeling, which weighs on gold.The post Why gold prices fall off at the start of the week – three factors appeared first on finanzmarktwelt.de.

Gold prices fell more than 2 percent on Monday after the United States and China reached a temporary agreement to reduce tariffs.