• Tue, Mar 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

10 June 2025 09:20  |

Trade Talks Continue, Gold Under Pressure

Gold prices were under pressure early Tuesday (10/6) after yesterday's continued trade talks between envoys from the US and China were held in London. Positive talks would certainly weaken gold prices which thrive in economic uncertainty.

US President Donald Trump's top trade officials met with their Chinese counterparts in London on Monday (9/6) for talks aimed at resolving the ongoing trade dispute between the world's two largest economies. US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer represented the US. China's Foreign Ministry said on Saturday that Vice Premier He Lifeng, Beijing's chief trade negotiator, would be in the UK between June 8-13, and that a meeting of the "China-US economic and trade consultation mechanism" would take place.

RECOMMENDATION

- Buy if price breaks above $3,312

- Sell if price breaks above $3,302

 

Resistance 2: $3,325

Resistance 1: $3,317

 

Support 1: $3,295

Support 2: $3,283

Note: This article is for analytical purposes only and is not a definitive reference. Please pay attention to fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai