Gold and Silver Prices Fall Amid Optimism for US-China Trade Deal

Spot gold prices dropped by around 1.15 to 1.4%, reaching $4,053 per ounce on October 27, 2025, while silver experienced a decline of approximately 2%. These losses are attributed to increased optimism regarding a potential US-China trade agreement. This optimistic sentiment has reduced demand for safe-haven assets such as gold and silver. The decline in gold prices is particularly notable given the largest single-day outflow from gold-backed ETFs since May, indicating a decrease in investor interest. Experts predict that this trend may be further influenced by anticipated US Federal Reserve rate cuts.