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China-US Trade Negotiations Advance, Triggering Gold and Silver Price Decline

Published: May 12, 2025 09:48
[SMM Flash News] Vice Premier of the State Council He Lifeng said that substantive progress has been made in the China-US economic and trade negotiations, and both sides will finalise the relevant details and issue a joint statement as soon as possible. The easing of trade tensions and the decline in safe-haven sentiment for precious metals led to a synchronous pullback in gold and silver prices in the early morning trading session at the beginning of the week.

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