{"id":135207,"date":"2025-06-27T18:10:06","date_gmt":"2025-06-27T18:10:06","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions"},"modified":"2025-06-27T18:32:16","modified_gmt":"2025-06-27T18:32:16","slug":"gold-price-drops-amid-trade-deal-hopes-and-tensions","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions","title":{"rendered":"Gold Price Drops Amid Trade Deal Hopes and Tensions"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>The price of gold declined around 2% on Friday on a daily basis after the progression of the trade talks between several countries and the US.<\/p>\n

The ounce price of gold dropped by 2.05% to $3,258.50 as of 1330GMT.<\/p>\n

The decline in the price of gold followed US President Donald Trump’s announcement Thursday that they signed a trade deal with China and that a very big deal with India was on the way.<\/p>\n

“We’re having some great deals. We have one coming up, maybe with India, a very big one, where we’re going to open up India,” he said.<\/p>\n

In addition, trade negotiations between the EU and the US are also ongoing, with the EU seeking to reach a deal before the tariff deadline of July 9.<\/p>\n

Meanwhile, the White House signaled that the president could extend the tariff deadlines.<\/p>\n

Asked if the president is still committed to reaching trade agreements by the deadline, spokesperson Karoline Leavitt said the date is “not critical.”<\/p>\n

“Perhaps it (deadline) could be extended, but that\u2019s a decision for the president to make,” Leavitt added.<\/p>\n

The fall in the price of gold also came after the easing of tensions in the Israel-Iran conflict following a ceasefire announcement last week.<\/p>\n

Trump announced the ceasefire between Iran and Israel, bringing an end to the 12 days of armed conflict between the two countries.<\/p>\n

During the clashes, commodity prices, particularly oil and gold, increased significantly.<\/p>\n

For More News And Analysis About Tanzania<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. The price of gold declined around 2% on Friday on a daily basis after the progression of the trade talks between several countries and the US. The ounce price of gold dropped by 2.05% to $3,258.50 as of 1330GMT. The decline in the price of gold followed US President Donald Trump’s announcement […]<\/p>\n","protected":false},"author":84,"featured_media":135206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[387,13971,9057,711,13724,14231,13784,1723],"class_list":["post-135207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-china","tag-gold-ounce","tag-gold-price","tag-tanzania","tag-tariffs","tag-trade-deal","tag-us-president-donald-trump","tag-usa"],"yoast_head":"\nGold Price Drops Amid Trade Deal Hopes and Tensions - Tanzania<\/title>\n<meta name=\"description\" content=\"The price of gold declined around 2% on Friday on a daily basis after the progression of the trade talks between several ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Price Drops Amid Trade Deal Hopes and Tensions\" \/>\n<meta property=\"og:description\" content=\"The price of gold declined around 2% on Friday on a daily basis after the progression of the trade talks between several ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-27T18:10:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-27T18:32:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2025\/06\/sm_1751032853.731136.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gold Price Drops Amid Trade Deal Hopes and Tensions\",\"datePublished\":\"2025-06-27T18:10:06+00:00\",\"dateModified\":\"2025-06-27T18:32:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\"},\"wordCount\":257,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2025\/06\/sm_1751032853.731136.jpg\",\"keywords\":[\"China\",\"Gold Ounce\",\"gold price\",\"tanzania\",\"tariffs\",\"trade\u00a0deal\",\"US President Donald Trump\",\"USA\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gold-price-drops-amid-trade-deal-hopes-and-tensions\",\"name\":\"Gold Price Drops Amid Trade Deal Hopes and Tensions - 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