Pakistan, May 1 -- Gold prices fell to their lowest in two weeks on Thursday. The decline comes as the dollar gains strength and trade tensions ease. Investors are also waiting for the upcoming US non-farm payrolls report. Spot gold dropped 1.8% to $3,228.70 an ounce. Meanwhile, US gold futures declined 2.5% to $3,236.10. The stronger dollar makes gold less attractive for buyers holding other currencies.
US President Donald Trump mentioned potential trade deals with India, South Korea, and Japan. He wants to turn tariffs into formal trade agreements. As a result, trade war worries eased somewhat. However, market confidence remains fragile. Investors react daily to headlines, which keeps uncertainty high. Record gold prices in April did n...
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