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Gold hits 3-week low as trade tensions mellow

EU reached a trade deal with the US, while China, South Korea, and India are in talks

Isabeau van Halm
US president Donald Trump and Philippine president Ferdinand Marcos Jr. met in the Washington on July 22, 2025.

US president Donald Trump and Philippine president Ferdinand Marcos Jr. met in the Washington on July 22, 2025. | Credits: Official White House photo by Daniel Torok

This week, gold reached a three-week low as geopolitical tensions cooled slightly, despite US President Donald Trump's deadline for increased tariffs nearing. Gold prices dipped to US$3,300/oz on Monday,...

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