Gold Prices Decline Amid Trade Optimism and Stronger U.S. Dollar

Gold prices have fallen for the third consecutive day, dropping below the $3,300 mark. This decline is attributed to optimism surrounding U.S.-China trade negotiations and a stronger U.S. dollar, both of which have reduced demand for gold as a safe-haven asset. The Federal Reserve’s recent decision to maintain interest rates has further bolstered the dollar, exerting additional pressure on gold prices.