Gold bars
Gold prices deepened losses on Thursday after the US and UK announced a trade agreement, boosting investor hopes of an end to tariff wars.
June gold futures settled 2.5% lower at $3,306/oz.
This came after US President Donald Trump and UK Prime Minister Keir Starmer revealed a tariff-reduction deal, easing global trade tensions ahead of a US-China meeting in Switzerland.
Meanwhile, gold ETFs saw an inflow of 115.3 metric tons worth $11.2 billion in April—the highest since March 2022, World Gold Council data showed.
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