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Gold bullion inches higher with focus on trade talks

Business World Philippines

|

July 11, 2025

GOLD PRICES edged up on Wednesday as investors closely watched negotiations between the United States and its trading partners, while a firmer dollar capped further gains.

Spot gold rose 0.3% at $3,310.26 per ounce, as of 2:07 p.m. ET (1807 GMT) after hitting its lowest level since June 30 earlier in the day.

US gold futures settled 0.1% higher at $3,321.

Amid market volatility, fiscal concerns and a widening US deficit, investors are increasingly turning to gold, said Phillip Streible, chief market strategist at Blue Line Futures.

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