Gold prices postponed the European Union tariffs until President Donald Trump’s July 9.
$ 3,346,060 for an ounce of precious metal, closely decreased on Friday, because markets showed relief in delayed trade measures. Trump’s announcement on Sunday, starting from June 1, immediately noted a significant retreat to apply tariffs.
This decision has reduced the safe manager of gold after increasing more than 4% of the metal during the previous week. Indian markets reflect the global mood with 24 carat gold, which fell 24 carat gold for 10 grams.
The technical image reveals the golden gold that tests the lower border of the bull channel near the 3330 area. Moving averages continues to signal a tendency to an upward, despite the amendment to Monday.
The relative power index offers potential support from the trend, and the samples of volume are not selling panic, and the panic does not sell institutional earnings.
MCX gold futures fell to 95.902 to 10 grams, as the Asian markets opened. Vietnam SJC golden sticks, the exchange of views in the trade of valuable metals 119-121 million VND was stable.
The ratio of gold and silver reached the pandemic heights in 104:15 pandemic heights, stressed the last graduation of gold. Market analysts expect gold to try about $ 3,215 before the gold goes towards more than $ 3,635.
This Federal reserveIn September, October and December, more than 50% interest rate probability in markets, the expected policy turns remain in the expected policy turns. Central banks continue to diversify resources in sustainable geopolitical tensions.
During the period dated March 2025, gold showed the development of the developed liquidity and witnessed the volume of daily trade for $ 298 billion. In the first quarter, the largest ETF revenues in 2022 were 226.5 metric tons worth $ 21.1 billion.
These institutional streams reflect a sustainable requirement in spite of short-term price adjustments. The retraction of gold since $ 3,500 in May is not fundamental, not fundamental.
The metal protects 47.2% annual earnings a year when combining the latest advances. Trade talks between the main economies will probably determine whether gold is lower than the level of support of $ 3,045 dollars or restores the upper trajectory.
The existing retreat offers access opportunities for investors who missed the rallies before. Economic uncertainty continues despite the temporary trade relief supporting the medium-term worldview of gold. The technical indicators show that the correction remains within normal parameters for a sustainable bull market in precious metals.
