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Gold price plummets more than $100 on US-China trade truce

Staff Writer | May 12, 2025 | 8:56 am Markets China USA Gold 

Gold prices plummeted by nearly 3% on Monday as a temporary deal between the US and China to slash tariffs sent the equity and bond markets flying. Spot gold fell 2.7% to $3,235.75 per ounce while US gold futures were...

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