Gold price started the week with a small bearish gap but managed to regain its traction during the Asian trading hours.

The trading week for gold began with a tentative 1% decline, as the precious metal fluctuated after reaching a record high of $3,245. The initial bearish sentiment was likely influenced by escalating tensions in the ongoing US-China trade war, leading to a reshuffling in market dynamics. Notably, China raised tariffs on US imports to an alarming 125%, a move which naturally sent shockwaves through financial markets, resulting in a nearly 2% gain for gold as investors flocked to safe-haven assets in response to the uncertainty. However, the same market that facilitated gold's rise also played a role in its slight correction back towards the $3,200 mark. This balanced approach to gold trading during periods of geopolitical strife speaks to the intrinsic volatility of the commodity, influenced by external economic factors. Further complicating matters, President Trump's administration has introduced exemptions for specific electronic goods from hefty tariffs while also signaling additional levies on technology imports and semiconductors. This decision reflects a strategic approach to mitigate potential fallout from the tariff imposition while managing to pacify market concerns. As US stock futures rallied by up to 2% on this positive sentiment, it is evident that financial markets are experiencing a complex interplay of risk and opportunity amid fluctuating trading conditions. Investors are advised to remain alert as the US Federal Reserve’s comments and Trump's subsequent trade policy announcements could reshape investment strategies and market trajectories. The article encourages traders to evaluate their broker options for trading gold, highlighting the importance of finding a broker that suits individual trading strategies. Such advice adds a layer of practicality, inviting individual investors to make informed choices in a fluctuating market. Lastly, readers are reminded of the inherent risks associated with trading and investing, underlining the necessity of conducting personal research before engaging in any financial activities. This reinforces the article's commitment to responsible journalism while empowering readers to make educated investment decisions in uncertain times.