Gold prices stabilized during Thursday’s session, July 24, 2025, after a sharp decline in the previous session. The easing of trade tensions reduced demand for safe-haven assets, overshadowing the support provided by a weaker dollar.
Spot gold held steady at $3,387.15 per ounce, after falling by 1.3 percent in the previous session. U.S. gold futures declined by 0.1 percent to $3,492.50.
The European Union and the United States are nearing an agreement on a similar trade deal that would impose 15 percent tariffs on European imports, while exempting some goods from duties.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
