Gold falls as commercial tensions are relieved and the perspectives of the Fed change – Commerzbank

The price of gold has been under considerable pressure in recent days, says CommerzBank raw material analyst Carsten Fritsch.

Gold struggles for attracting buyers despite the recent price drop

“The significant reduction of reciprocal tariffs between the US and China has reduced the demand for gold as a safe refuge. The uncertainty caused by the commercial conflict had led to the price of gold from a historical maximum to another until April.”

“The safe shelter premium included in the price is falling again. In addition, market participants have significantly reduced their expectations of feat cuts by the Fed, since the risk of a recession in the US has decreased due to the (temporary) agreement between the US and China.”

“All this favors a new fall in the price of gold, especially because the purchase interest has not increased after recent price drops, unlike previous falls.”

Source: Fx Street

You may also like

Top three Memcoin this week
Top News
David

Top three Memcoin this week

This week, despite the difficulties of the cryptorrhoids, some memcoirs attracted the attention of investors. Among them stood out Wiki

TOP-3 decline of tokens this week
Top News
David

TOP-3 decline of tokens this week

Cryptoes are preparing for significant unlocking tokens in the fourth week of August 2025. Large projects, such as Jupiter (JUP),