Upgraded 27 October 2025 at 11:01 IST
Gold costs fell 1% on Monday as a more powerful dollar and relieving U.S.-China trade stress moistened safe-haven need, while financiers waited for crucial reserve bank conferences for policy signals.
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Gold costs fell on Monday, as a more powerful dollar and indications of alleviating U.S.-China trade stress weighed on the safe-haven metal, while financiers waited for significant reserve bank conferences due later on today for financial policy hints.
Area gold was down 1% at$4,072.65 per ounce, since 0504 GMT. U.S. gold futures for December shipment lost 1.3%to$4,085.60.
The U.S. dollar increased to a more than two-week high versus the yen, making gold more pricey for other currency holders.
On Sunday, leading Chinese and U.S. financial authorities hashed out the structure of a trade offer for U.S. President Donald Trump and Chinese President Xi Jinping to select later on today.
“This potential trade deal between the U.S. and China really came out of the blue and has been a positive surprise for the markets broadly. Obviously, the flip side of that is the developments have been negative for gold,” stated Capital.com expert Kyle Rodda.
“A lot of the heat has come out of the market now and sentiment is neutralising. The reason gold is finding so much support is the prospect of loose fiscal and monetary policy going forward. Should that remain the case, gold’s uptrend should hold.”
The Federal Reserve is commonly anticipated to cut rate of interest by a quarter portion point at its conference on Wednesday, a view supported by a softer-than-expected inflation report on Friday.
With that rate cut currently factored in, markets are expecting any positive remark from Fed Chair Jerome Powell.
Non-yielding gold tends to benefit in a low rate of interest environment.
SPDR Gold Trust, the world’s biggest gold-backed exchange-traded fund, stated its holdings fell 0.52% to 1,046.93 metric heaps on Friday from 1,052.37 lots on Thursday.
In other places, area silver fell 1.3% to $48.04 per ounce, platinum edged 0.1% lower to $1,604.80 and palladium slipped 0.8% to $1,418.
Released By: Gunjan Rajput
Released On: 27 October 2025 at 11:01 IST
