From Financial Modeling Prep: 2025-05-05 02:49:00

Gold prices rose in the Asian session as the U.S. Dollar Index weakened by 0.2%, boosting overseas demand for bullion. Optimism around U.S.-China trade talks reduced safe-haven appeal, while traders await the Federal Reserve’s policy decision later this week.

Spot gold climbed 0.5% to $3,255.95/oz, with June futures up 0.7% to $3,266.67/oz. Last week’s pullback was driven by eased trade tensions and strength in risk assets, prompting gold to recalibrate around key levels.

Key factors to watch include U.S.-China negotiations for tariff rollbacks, the Fed’s policy stance affecting gold’s sensitivity to rate shifts, and broader commodity trends influencing precious metals. Stay informed with real-time data from FMP’s APIs for timely insights and positioning.



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