Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
7 July 2025 | Gold

Gold prices fall amid progress in US negotiations with trade partners

Gold/Euro
Gold/Silver Ratio
Gold
Gold prices fall amid progress in US negotiations with trade partners

Gold prices declined today following recent remarks by US President Donald Trump. In his statement, the politician reported progress in negotiations and an extension of tariff delays for several countries. This information was provided by the Reuters news agency.

Gold prices fell by 0.6%, reaching $3,305 per ounce. Currently, the US government is close to finalizing several agreements and is prepared to notify other countries about increased trade duties. Decisions on these matters will be announced on July 9, with higher tariffs set to take effect starting August 1.

According to OANDA analyst Kelvin Wong, short-term tariff delays by the US are currently a key driver of intraday declines in gold prices.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Gold speculative net positions. The value of the indicator has increased from 159.6K to 163.3K
8 May
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 April
United States. CFTC Gold speculative net positions. The value of the indicator has increased from 156.3K to 162.5K
17 April
South Africa. Gold Production (YoY). The value of the indicator has increased from 0.7% to 12.8%
14 April
United States. Core PCE Price Index (MoM). The value of the indicator remained at the same level of 0.4%
9 April
Top news
United States. Nonfarm Payrolls. The value of the indicator has decreased from 185K to 115K
8 May
United States. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
8 May
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.3% to -0.1%
7 May
United States. Trade Balance. The value of the indicator has decreased from $-57.8B to $-60.3B
5 May
Australia. RBA Interest Rate Decision. The value of the indicator has increased from 4.1% to 4.35%
5 May
All news

Forecasts

USDCAD buy
Period: 08.06.2026 Expectation: 1500 pips
Investing in USDCAD with target of 1.38000
Indicators and reports FA Other Hot news Chart analysis
08 May 2026 77
Reed_Marcus
AUDUSD sell
Period: 15.05.2026 Expectation: 1120 pips
Geopolitics and technicals join forces to cap AUDUSD
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
08 May 2026 55
Lyra_Moonwell1
Brent buy
Period: 22.05.2026 Expectation: 1000 pips
Buying Brent oil with $115 in sight
Indicators and reports FA Other Hot news Chart analysis
08 May 2026 85
Sinclair_John
GBPUSD buy
Period: 31.05.2026 Expectation: 900 pips
Invest in GBPUSD up to 1.3650
TA Other
08 May 2026 39
Bruce_Powers
GBPUSD sell
Period: 15.05.2026 Expectation: 1150 pips
GBPUSD is weighed down by geopolitical tensions and UK political crisis
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
08 May 2026 44
Emily_Foster
Tesla Inc sell
Period: 30.06.2026 Expectation: 25000 pips
Selling Tesla shares down to $375
TA Other FA Other
08 May 2026 39
Bruce_Powers
Go to forecasts