• Mon, Feb 9, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

25 March 2025 02:47  |

Gold falls on firm dollar, Trump's tariff stance

Gold prices dropped on Monday as the dollar touched an over two-week high, while investors took stock of U.S. President Donald Trump's more cautious stance on tariffs against trading partners.

Spot gold fell 0.6% to $3,006.84 an ounce at 01:42 p.m. (1742 GMT). U.S. gold futures settled 0.2% lower at $3,015.60.

The U.S. dollar (.DXY), opens new tab rose 0.2%, hitting an over two-week high and making greenback-priced bullion more expensive for overseas buyers.

Trump hinted on Friday that there would be some flexibility regarding reciprocal tariffs that are set to take effect on April 2 and are expected to drive inflation and hinder economic growth.

Spot silver fell 0.3% to $32.94 an ounce, platinum fell 0.5% to $969.77, and palladium was down 0.7% at $951.10.

Source: Reuters

Related News

GOLD

Gold Down as Dollar Strength Outweighs Safe-haven Demand

Gold fell slightly after President Donald Trump imposed tariffs on imports from Canada, Mexico and China, with the surging do...

3 February 2025 07:33
GOLD

Gold Faces Selling Pressure Ahead Of PCE And Tariffs Due La...

Gold (XAU/USD) price is pulling back from its recent record high, currently standing at $2,800.93, with profit-taking still o...

31 January 2025 18:00
GOLD

Gold Futures Down in Cautious Trade as U.S. Dollar Strength...

Gold futures fell after hitting their highest level in more than a week. Futures were down 0.2% at $2,625 an ounce. Trading i...

20 November 2024 16:28
GOLD

Gold Futures Rise, Kicking Off 2025 on a Positive Note

Gold futures rose, kicking off the new year on a positive note. Gold futures were up 0.3% at $2,647.90 a troy ounce. The mark...

2 January 2025 16:15
BIAS23.com NM23 Ai