Gold prices fell from their highest levels in two weeks, on Monday, after US President Donald Trump set the ninth of July as a deadline for a trade agreement with the European Union, canceling his previous threat to impose tariffs of 50 percent from the first of June / June.
Spot gold fell 0.5 percent to $3,339.13 an ounce. U.S. gold futures fell 0.8 percent to $3,337.40 an ounce.
Trump backed away from his threat to speed up 50 percent tariffs on imports from the European Union and agreed to extend the deadline for trade talks until July 9.
Source (Al-Arabiya.net Website, Edited)
