Gold dips as Trump eases trade tensions with tariff exemptions
Gold prices saw a dip on Monday. This happened after US President Donald Trump provided tariff exemptions. These exemptions were for smartphones, computers, and other electronics from China. Spot gold decreased by 0.4% to $3,223.67 an ounce. Silver also lost 0.7%. Platinum and palladium experienced gains of 0.7% each. The market is reacting to easing trade tensions.