The Commerce Department’s advance estimate shows U.S. GDP growth slowed in the second quarter, reflecting growing caution among businesses and consumers. Analysts cite uncertainty stemming from President Donald Trump’s protectionist trade policies as a key factor behind the weaker economic momentum.
Gold prices slipped as optimism over a potential trade deal between the United States and China reduced investor demand for safe-haven assets. Analysts said easing tensions between the two major economies pushed traders toward riskier investments, pressuring gold in global markets.
President Donald Trump finalized agreements with Malaysia, Cambodia, Thailand, and Vietnam aimed at boosting trade and collaboration on critical minerals. The deals, signed during his Asia visit, underscore U.S. efforts to deepen economic ties and secure key resources vital for advanced manufacturing and clean…
