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Business

Gold drops back below $3,000 to lowest in nearly a month, but slump seen as short-lived

stack of shiny gold bars 3d illustration

monsitj/iStock via Getty Images

Front-month gold futures tumbled below the $3,000/oz in a third straight daily decline totaling 6%, with gold losing its safe-haven status at least for now as uncertainty around President Trump’s tariff plans has only increased since he confirmed his “reciprocal” tariffs on April 2.

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2025-04-07 17:38:39

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