Bitcoin (BTC) $ 101,841.00
Ethereum (ETH) $ 3,414.30
Tether (USDT) $ 0.999775
XRP (XRP) $ 2.38
BNB (BNB) $ 955.20
Wrapped SOL (SOL) $ 153.37
USDC (USDC) $ 0.999799
Lido Staked Ether (STETH) $ 3,411.49
TRON (TRX) $ 0.295019
Dogecoin (DOGE) $ 0.170268

Gold crashes 2% from record high as Trump tempers threats on China

Gold price (XAU/USD) falls 2% after reaching a record high at $4,379 earlier on Friday, tumbles below $4,250, sponsored by US President Donald Trump’s comment that triple-digit tariffs on China are unsustainable. At the time of writing, Bullion prices hover at around the $4,230 – $4,240 range.

🔗 Read Full Article

💡 DMK Insight

Gold’s recent tumble from record highs serves as a stark reminder of how quickly market sentiment can shift. Trump’s remarks on tariffs may have sparked a wave of profit-taking among investors who were riding the gold rush. This volatility underscores the delicate balance between geopolitical events and commodity prices, highlighting that even safe havens like gold are not immune to the whims of political rhetoric. For traders, this is a classic case of ‘buy the rumor, sell the news’ — a lesson in timing and market psychology.