Gold Tumbles 2% as Trade Winds Shift: Dollar Rises, Safe-Haven Demand Cools

Unknown Apr 02, 2026 800 Views

Gold prices plunged 2% on Friday to $3,283/oz as easing U.S.-China trade tensions and a stronger dollar dented demand for the safe-haven asset. Reports that China may exempt select U.S. goods from its 125% tariffs fueled optimism, though Beijing denied formal negotiations. Key deta...