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Indonesia News Portal for Traders | Financial & Business Updates

31 July 2025 11:16  |

Global Trade Uncertainty Lifts Gold Prices from a Month-Long Low

Gold prices rebounded on Thursday (July 31) from a one-month low reached in the previous session, as trade uncertainty sparked by the announcement of new US tariffs increased bullion's appeal, even as expectations of a US interest rate cut in September eased.

Gold prices at the time of writing were at $3,295/oz.

- Buy if the price moves to around $3,302

- Sell if the price moves around $3,288

 

Resistance 2: $3,316

Resistance 1: $3,309

 

Support 1: $3,281

Support 2: $3,274

DISCLAIMER

Note: This article is analytical only and is not a definitive reference. Consider fundamental and technical developments in trading before making investment decisions.

Source: Newsmaker.id

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