According to Jinshi data, gold prices fell to a one-week low on Monday due to a stronger dollar, as investors awaited details on trade ahead of the tariff negotiation deadline. WisdomTree commodity strategist Nitesh Shah stated that the gold market experienced a slight pullback due to the short-term strength of the dollar.
U.S. economic data remains strong, eliminating the urgent need for interest rate cuts. The 90-day tariff suspension period is about to end, but no satisfactory trade agreement has been reached, indicating a net contraction in trade this year, which may provide support for gold.