Gold - Overview as of 29.05.2025

Financial and commodity markets analytics


Gold prices fell to their lowest levels in more than a week after a US court blocked Donald Trump's tariffs. Investors reacted by increasing interest in risky assets, and the dollar strengthened, which puts pressure on the price of the metal. Thus, quotes continued to decline, but now the market met support in the area of $3250 mark, which we wrote about earlier.Today, the focus of attention of the markets will be data on the state of the labor market and GDP of the United States.