Gold saw a significant decline after hitting its highest point ever last week as investors shifted their sentiments and became less risk-averse, largely due to President Trump’s tempered stance on China tariffs. Although the price may dip further in the short run, experts believe gold will continue to see an upward trend in the long term because of persistent uncertainties.
Source: https://www.euronews.com/business/2025/04/28/golds-record-rally-stalls-on-hopes-of-easing-global-trade-tensions