Gold prices declined for the second time in just three days, a trend partly attributed to easing trade tensions between Washington and Beijing—an element that typically dampens demand for safe-haven assets such as gold.
Gold Prices from May 12 to 13, 2025:
- The price of gold in euros per ounce fell from €2,907.65 to €2,898.70
- The price of gold in U.S. dollars per ounce dropped from $3,235.40 to $3,227.95
- The price of gold in British pounds per ounce slipped from £2,449.84 to £2,440.33
(1 ounce of gold ≃ 31 grams)
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