Gold price today in the U.S. dips sharply—Is this an economic earthquake, which Trump tariff ruling triggered it, and what should investors watch out for next?

  • Posted on May 29, 2025
  • By Business News Today
  • 3 Views
Gold price today in the U.S. dips sharply—Is this an economic earthquake, which Trump tariff ruling triggered it, and what should investors watch out for next?

Gold prices today have dropped below $3,270 per ounce as U.S. economic data and a federal court ruling shake investor confidence. With the dollar gaining strength and Q1 GDP showing a 0.2% contraction, gold's safe-haven appeal is fading. Still, gold ETFs like GLD and IAU are seeing slight gains, signaling mixed market sentiment. Analysts suggest support around $3,250, with resistance near $3,300. Could this be a smart time to buy?
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