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‎Gold posts weekly loss of over 4.5% amid easing trade tensions

‎Gold posts weekly loss of over 4.5% amid easing trade tensions

Goldbars

Gold prices declined on Friday, posting a weekly loss as global trade tensions eased following a US-China agreement to temporarily cut reciprocal tariffs.

June gold futures fell by 1.22%, or $39.40, to $3,187.20 per ounce, marking a weekly loss of 4.69%.

“The thawing of the US-China trade war has revived risk appetite across the broader marketplace…

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