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Gold Prices Steady Amid Anticipation of Tariff Developments

Tuesday 08 Jul 2025 06:22 AM

Gold Prices Steady Amid Anticipation of Tariff Developments

Gold prices saw little change on Tuesday as they remained caught between safe-haven asset demand following new tariff comments from U.S. President Donald Trump and the rising U.S. Treasury yields that limited any upward momentum.

As of 0612 GMT, spot gold fell 0.1 percent to $3331.85 per ounce. Meanwhile, U.S. gold futures stood steady at $3341.80.

The minutes from the Federal Reserve's June meeting, set for release on Wednesday, might offer further insight into the central bank's policies.

Among other precious metals, silver remained unchanged in spot trading at $36.75 per ounce. Platinum dropped 0.1 percent, priced at $1368.93 per ounce, while palladium rose 0.2 percent to $1112.88.


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