{"id":37122,"date":"2025-10-31T05:41:12","date_gmt":"2025-10-31T05:41:12","guid":{"rendered":"https:\/\/agooka.com\/news\/world\/gold-price-hovers-near-4000-amid-us-china-trade-truce-bloomberg\/"},"modified":"2025-10-31T05:41:12","modified_gmt":"2025-10-31T05:41:12","slug":"gold-price-hovers-near-4000-amid-us-china-trade-truce-bloomberg","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/world\/gold-price-hovers-near-4000-amid-us-china-trade-truce-bloomberg\/","title":{"rendered":"Gold price hovers near $4,000 amid US-China trade truce \u2013 Bloomberg"},"content":{"rendered":"

Gold prices are holding near $4,000 an ounce as traders assess the implications of a trade truce between the US and China. Spot gold fell 0.8% on Friday after earlier rising 2.4%.<\/p>\n

\"Gold<\/p>\n

Gold prices are holding around $4,000 an ounce as traders assess the implications of a US-China trade truce that failed to fully allay fears of long-term competition between the world's two largest economies. This is reported by Bloomberg, writes UNN.<\/p>\n

Details<\/h2>\n

Spot gold prices fell 0.8% on Friday after an earlier 2.4% gain, breaking a four-day losing streak. Chinese leader Xi Jinping called for stable supply chains in his first public statement after meeting with US President Donald Trump.<\/p>\n

Gold and silver show sharpest decline after record highs22.10.25, 09:51 \u2022 2941 view<\/p>\n

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The combination of sharp price cuts, a truce in the US-China trade war, and significant outflows from gold ETFs reinforces the corrective mood<\/p>\n

\u2014 noted Robert Rennie, an analyst at Westpac Bank Corp. <\/p><\/blockquote>\n

He added that the price of bullion could fall to around $3,750.<\/p>\n

Despite recent declines, gold has risen more than 50% this year, supported by investors' desire to protect portfolios from risks and active central bank purchases. According to the World Gold Council, central banks bought 28% more gold in the third quarter compared to the previous period. Silver fell, while platinum and palladium showed slight gains.<\/p>\n

Gold prices fall below $4,000 an ounce amid easing trade tensions28.10.25, 09:49 \u2022 2873 views<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold prices are holding near $4,000 an ounce as traders assess the implications of a trade truce between the US and China. Spot gold fell 0.8% on Friday after earlier rising 2.4%. Gold prices are holding around $4,000 an ounce as traders assess the implications of a US-China trade truce that failed to fully allay […]<\/p>\n","protected":false},"author":1,"featured_media":37123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-37122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/37122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=37122"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/37122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/37123"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=37122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=37122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=37122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}