India, July 23 -- After a three-day rally, gold price fell on Wednesday, pressured by fresh optimism in the markets as the US strikes new trade deals with its trading partners.
Front Month Comex Gold for July delivery slumped by $45.10 (or 1.31%) to $3,394.10 per troy ounce today.
Front Month Comex Silver for July delivery edged down by 4.20 cents (or 0.11%) to $39.278 per troy ounce today.
US President Donald Trump's "reciprocal tariffs" suspension period ends on August 1. To avoid mammoth tariffs, major trading partners are negotiating with the world's largest economy.
While the UK and Indonesia have made deals and the US and China are committed to a tariff de-escalation, and Vietnam closing in, today Trump announced the conclusion of...