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Gold Extends Losses to 3-Week Low

2025-10-28 16:00:00 15 hours ago CoinRank

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Spot gold fell below $3,950/oz, down nearly 1% intraday, after briefly reclaiming the $4,000 level earlier Tuesday.

Analysts say optimism over a potential U.S. trade deal with several countries is easing safe-haven demand ahead of key central bank policy announcements this week.

“Easing U.S. trade tensions have weighed on gold as safe-haven buying fades,” said Tim Waterer, Chief Market Analyst at KCM Trade.

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