From Financial Modeling Prep: 2025-05-29 06:37:00

Gold prices fell 0.5% to $3,273.19/oz in Asian trade after a U.S. court blocked Trump’s tariffs, boosting equities and the dollar while reducing demand for safe havens.

The U.S. Court of International Trade’s ruling lifted market sentiment by blocking Trump’s sweeping tariffs, leading to a rally in risk-driven assets and putting pressure on gold prices.

A dollar rebound and profit-taking contributed to bullion losses, with the U.S. Dollar Index rising and non-yielding assets being further impacted. Traders can use the Commodities API to track real-time pricing and historical data for gold and other commodities.



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