Gold rebounds from 1-month low on renewed trade uncertainty

Gold rebounds from 1-month low on renewed trade uncertainty

Spot gold was up 0.5% at $3,292.24 per ounce, as of 0230 GMT. Bullion hit its lowest level since June 30 at $3,267.79 on Wednesday. US gold futures fell 0.2% to $3,287.

Gold Rebounds Above $3,300 as Tariff Deadline Looms

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-rebounds-above-3300-as-tariff-deadline-looms/Gold prices rose over 1% in early trading, reclaiming $3,300 per ounce after steep losses fueled by Federal Reserve hawkishness. The recovery shifts focus to today’s critical deadline suspending U.S. tariffs on major trading partners, including Canada and Mexico. Former President Donald Trump’s thr…

Gold rebounds on safe-haven flows ahead of August 1 tariff deadline

Gold (XAU/USD) rebounds sharply on Thursday after falling to a one-month low of $3,268 on Wednesday, pressured by stronger-than-expected US data and the Federal Reserve’s (Fed) decision to keep interest rates unchanged.

Gold (XAUUSD) Price Forecast: Bullish Rebound as Fed Holds Rates, China Tariff Fears Grow

Gold price rebounds as Fed holds rates steady and dollar eases; safe-haven demand grows on renewed China trade tensions and softer Treasury yields.