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Gold prices fall as dollar strengthens
Nada Ali Published in Amwal Al Ghad on 27 - 05 - 2025

Gold prices dropped by over one per cent on Tuesday due to the dollar's rebound, which increased pressure on the safe-haven asset after US President Donald Trump took a less confrontational approach to trade with the European Union.
As of 12:35 AM GMT, spot gold dropped 1.44 per cent to $3,293.72 per ounce, higher than its previous close of $3,341.95. Meanwhile, US gold futures fell 2.17 per cent to $3,320.70 per ounce, down from Monday's closing price of $3,394.5.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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