Archive · 28 Oct 2025
Gold Prices Fall Amidst US-China Trade Optimism
Gold prices are going down.
This is happening because the U.S. and China might make a trade deal, which makes investors feel safer about taking risks.
Gold prices also fell because they had gone up a lot recently, and some people decided to sell to make money.
This week is very important for gold prices, with meetings between leaders and economic news coming out.
Gold prices declined on Monday after a weekly loss.
The drop is linked to optimism over a potential US-China trade deal.
MCX gold opened 0.77% lower.
Silver prices on the MCX also declined.
Analysts attributed the pullback to profit booking.
- Who
- Gold and Silver Prices
- What
- Experienced a decline
- When
- Monday
- Where
- MCX (India) and Singapore
- Why
- Optimism over US-China trade deal and profit booking
- MCX Gold Price (Monday Open)
- Rs 1,22,500 per 10 grams
- Silver Price (Monday Open)
- Rs 1,42,910 per kg
- Spot Gold Price (Singapore)
- $4,083.92 an ounce
- Gold Weekly Decline
- 3.3%
- Gold's Yearly Gain
- 55%
Sources
Gold Dips On Stronger Dollar, US-China Trade Deal Hopes
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