June 5, 2025

Gold prices drop as US President Trump and Chinese President Xi discuss trade talks

Gold prices remain steady on Thursday due to reduced geopolitical tensions, central bank's cautious stance, and weak US labor market data. These factors are supporting demand for safe-haven assets.

Australian Dollar Slips as US Dollar Strengthens, Focus on Initial Jobless Claims

Australian Dollar (AUD) stays strong against US Dollar (USD) for second day, boosted by domestic trade balance and China’s Caixin Services PMI. AUD/USD pair holds steady.