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Raw material: gold is retreating

23/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Les cours de l' or ont chuté de plus by 2% on Wednesday. The American president retracted his threat to fire Federal Reserve Chairman Jerome Powell and was optimistic about a trade agreement with China, the largest consumer of metals, which undermined the attractiveness of gold as a

safe haven.

American gold futures lost 2.9% to $3,320.30. Spot gold fell 2.2% to $3,308.81 per ounce at 07:04 GMT. Gold, considered a safe haven in the face of global uncertainty and inflation, hit its 28th record this year on Tuesday, breaking the $3,500 mark for the first time

.

Spot silver rose by 0.8% to $32.79 per ounce, platinum gained 0.2% to $960.54, and palladium remained stable at $935.15.

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