Gold and Base Metals Outlook as US-China Trade Tensions Ease
Gold’s rally to record highs NEAR $3,500 has stalled as geopolitical risks subside. The metal initially benefited from safe-haven demand during escalating US-China trade tensions, but the de-escalation has removed a key catalyst.
Base metals like copper and aluminum now face a more balanced outlook. With central banks maintaining cautious policies and inflation concerns fading, traders see limited near-term drivers for another major commodities surge.
Platforms such as PrimeXBT continue offering exposure to these markets, enabling traders to position for both upside and downside scenarios across precious and industrial metals.