{"id":99751,"date":"2025-05-14T03:31:11","date_gmt":"2025-05-14T03:31:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/99751\/"},"modified":"2025-05-14T03:31:11","modified_gmt":"2025-05-14T03:31:11","slug":"gold-falls-as-easing-sino-us-trade-woes-dulls-safe-haven-appeal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/99751\/","title":{"rendered":"Gold falls as easing Sino-US trade woes dulls safe-haven appeal"},"content":{"rendered":"<p><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/commoditysummary\/symbol-GOLD.cms\" rel=\"noopener\">Gold prices<\/a> edged lower on Wednesday as softening trade tension between the U.S. and China weakened <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/safe-haven-demand\" target=\"_blank\" rel=\"noopener\">safe-haven demand<\/a>, while markets eyed another set of <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/inflation-data\" target=\"_blank\" rel=\"noopener\">inflation data<\/a> to assess the Federal Reserve&#8217;s policy path.FUNDAMENTALS<br \/>* Spot gold fell 0.1% to $3,246.21 an ounce as of 0029 GMT. U.S. gold futures rose 0.1% to $3,250.50.<\/p>\n<p>* The U.S. will cut the &#8220;de minimis&#8221; tariff for low-value shipments from China to 30%, per a White House executive order and industry experts, further de-escalating a potentially damaging trade war between the world&#8217;s two largest economies.<\/p>\n<p> * On Monday, U.S. President Donald Trump said he does not see tariffs on Chinese imports returning to 145% after the 90-day pause, adding that he believes Washington and Beijing will have a deal.<br \/><img decoding=\"async\" alt=\"ET logo\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/118783427.cms.png\" width=\"90%\"\/>Live Events<br \/> * Meanwhile, the United States Department of Labour said the consumer price index increased 0.2% in April, while economists polled by Reuters expected a 0.3% rise after the 0.1% decline in March. * Traders are waiting for the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/producer-price-index\" target=\"_blank\" rel=\"noopener\">Producer Price Index<\/a> data, due on Thursday, for cues into the Fed&#8217;s rate trajectory. * They are expecting 53 basis points of interest rate cuts this year from September.<\/p>\n<p>* Gold, traditionally seen as a hedge against inflation, thrives in a low-rate environment.<\/p>\n<p>* On Tuesday, Trump reiterated his call for the Fed to lower rates, saying prices for gas, groceries and &#8220;practically everything else&#8221; are down.<\/p>\n<p>* Spot silver eased 0.3% to $32.80 an ounce, platinum fell 0.1% to $987.55 and palladium lost 0.8% to $949.26.<\/p>\n<p>DATA\/EVENTS (GMT) 0600 Germany HICP Final YY Apr <\/p>\n","protected":false},"excerpt":{"rendered":"Gold prices edged lower on Wednesday as softening trade tension between the U.S. and China weakened safe-haven demand,&hellip;\n","protected":false},"author":2,"featured_media":99752,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[46320,30632,46321,46324,46323,43151,46319,46318,46322,29035,49,978,659],"class_list":{"0":"post-99751","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-federal-reserve-policy","9":"tag-gold-prices","10":"tag-inflation-data","11":"tag-palladium-prices","12":"tag-platinum-prices","13":"tag-producer-price-index","14":"tag-safe-haven-demand","15":"tag-sino-us-trade-war","16":"tag-spot-silver-prices","17":"tag-u-s-tariffs","18":"tag-united-states","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114504078904896950","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/99751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=99751"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/99751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/99752"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=99751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=99751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=99751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}