Por anmol choubey
(Reuters) – Gold prices fell on Thursday, reversing the previous profits, after the president of the United States, Donald Trump, hinted at a possible commercial agreement with the United Kingdom, relieving commercial tensions and reducing the attractiveness of the precious metal as a refuge investment.
* At 1026 GMT, the gold in cash dropped 0.6%, to $ 3,344.39 a ounce, and gold futures in the United States lost 1.2%, at $ 3,350.10.
* “As it is confirmed that there is some kind of commercial agreement between racks, it could help reaffirm the dollar a bit and take some force from gold,” Nitesh Shah said, Wisdomree raw material strategist.
* Washington and London are expected to announce an agreement to reduce tariffs on some products on Thursday.
-* Trump published in Truth Social that he will give a press conference on an “important commercial agreement”, while British Prime Minister Keir Starmer is also expected to offer an update on commercial conversations between the two countries later in the day.
* The commercial negotiations that the United States and China will celebrate this weekend in Switzerland also keep investors in suspense.
* Gold is usually used as a safe value deposit in times of political and financial uncertainty.
* In other precious metals, money in cash rose 0.1%, to $ 32.51 the ounce; Platinum earned 0.7%, at $ 981.09; And the paladium fell 1%, at $ 962.91.
(Edited in Spanish by Carlos Serrano)
