Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » ‘Gold’s rally fades as trade optimism & a stabilising dollar cool risk’

    ‘Gold’s rally fades as trade optimism & a stabilising dollar cool risk’

    April 25, 2025
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Gold coins and bars.

    Lagos — Gold futures corrected during the Asian session as hopes for easing U.S.-China trade tensions reduced demand for safe-haven assets.

    Reports that China may exempt some U.S. imports from its steep retaliatory tariffs indicated a potential softening in the trade standoff.

    This, combined with remarks from U.S. President Trump that talks were ongoing, dented the urgency for risk-averse positioning and led to some profit-taking in gold.

    The rally in bullion, which had reached record highs, showed signs of fading by week’s end. Market sentiment shifted as the dollar stabilised and traders began reassessing the risks around trade tensions.

    Meanwhile, comments from Federal Reserve officials indicating a wait-and-see stance on monetary policy could add to the headwinds for non-yielding assets like gold.

    Despite the recent volatility, the precious metal remains higher for the year, supported by continued demand from central banks.

    Structural factors such as reserve diversification in emerging markets continue to provide long-term support, even as short-term momentum shows signs of cooling.

    Related News

    Glencore halted some cobalt deliveries over Congo export ban

    Nigeria sends mining scholars to Australia for training

    ‘Ebonyi communities face pollution, abuse from Chinese mining firms’

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Nigeria dismisses reports on crude oil forward sale collapse

    June 12, 2025

    Nigeria’s export earnings hit N20.6trn in Q1 2025, outpacing imports

    June 12, 2025

    Developers to add 18.7 GW of natural gas-fired capacity by 2028, EIA says

    June 12, 2025

    US crude stocks fall, gasoline and distillate inventories rise as refining activity increases, EIA says

    June 12, 2025

    Oil prices climb to 2-month high on US-China trade deal, worries about Iran supply

    June 11, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.