Gold declines after US delayed tariff on EU imports


https://www.saba.ye/en/news3488190.htm

Yemen News Agency SABA
Gold declines after US delayed tariff on EU imports
[26/ May/2025]

Singapore - Saba:

Gold prices fell on Monday after US President Donald Trump announced the postponement of imposing tariffs on European Union imports until July 9, allowing a chance for a trade agreement.

Spot gold fell 0.5% to $3,339.13 per ounce, while US futures fell 0.8% to $3,337.40 per ounce.

Gold prices rose more than 2% on Friday, supported by investor concerns following threats of tariffs on European imports.

As for other precious metals, silver fell 0.3% to $33.36 per ounce, platinum rose 0.1% to $1,095.90, and palladium rose 0.8% to $1,000.83 per ounce.