Gold prices are slowly recovering from their fairly sharp decline at the start of the Asian trading session on Monday (7/4).
Gold prices fell around 2% to $2,970, this is still supported by profit-taking actions that are very dominant accompanied by the effects of the trade war.
Gold bullion, which has repeatedly touched record highs in recent weeks, fell as much as 2.2% to below $3,000 an ounce, while copper fell as much as 7.7% in London, the most in five years. This follows the metal's defeat against oil which saw the Bloomberg Commodity Index plunge 5.8% last week, its worst performance since 2022.
Source: Newsmaker.id
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