Gold prices fell today, May 7, 2025, affected by a wave of optimism in global markets regarding progress in trade talks between the United States and China, which led to a decline in demand for gold as a safe haven.
The spot price of gold reached $3,383 per ounce, down more than 1% during the trading session.

Analysts believe that the improved risk appetite pushed investors towards stock and currency markets, while some reduced their bets on continued gold gains, especially with the dollar remaining at relatively weak levels.

Markets are closely monitoring developments in the trade negotiations, along with any new signals from major central banks regarding monetary policy, which could affect the precious metal's movements in the coming days.