The deadline for tariff negotiations is approaching, and investors are cautiously observing the trend of gold.

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Jin10 data reported on July 7, gold prices fell to a one-week low on Monday due to a stronger dollar, as investors awaited trade details ahead of the tariff negotiation deadline. WisdomTree commodity strategist Nitesh Shah stated that the gold market experienced a slight pullback due to the short-term strength of the dollar, possibly because U.S. economic data remains quite strong, eliminating the urgent need for interest rate cuts. The 90-day tariff suspension period is about to end, but no satisfactory trade agreements have been reached, which indeed indicates a net contraction in trade this year, unfavorable for the economy, and more likely to provide support for gold.

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