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GOLD FALLS OVER 2% WITH FED, TARIFFS, AND TALKS IN SPOTLIGHT

Published on Aug 11, 2025 15:05

Gold futures in Asian electronic trade fell more than 2% to near $3400 per ounce on Monday, as optimism over easing geopolitical risks weighed on safe-haven demand. MCX October delivery gold was down 1.2% at ₹100546. The pullback comes after fresh US tariffs on imports from several countries went into effect last week, with the August 12 deadline for a US�China deal fast approaching. Markets are now turning their focus to key US economic data�CPI, PPI, and retail sales�due later this week for clues on the Federal Reserve�s rate path. However, expectations of Fed rate cuts are seen cushioning the downside for bullion. Meanwhile, traders await White House clarification on its tariff policy for gold bars after a recent US agency ruling placed them under import duties.  

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