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2025.08.1819:06:26UTC+00Gold Dip After Trump-Zelensky Talks

On Monday, gold prices experienced a slight decline, settling at $3,330 per ounce. Investors redirected their attention to the US President's meeting with Ukrainian and European leaders, alongside the Federal Reserve's annual symposium in Jackson Hole. President Trump conveyed optimism about resolving the conflict in Ukraine during a White House session with President Zelensky, which was attended by leaders from Europe and NATO. He mentioned that the US would take an active role in peacekeeping efforts and plans to contact Russian President Putin following these discussions. This development comes on the heels of the anticipated summit with President Putin last Friday, which unfortunately did not produce a ceasefire agreement. In the financial realm, market participants are also keeping a keen eye on the forthcoming statements from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium, as well as the minutes from the Fed’s most recent meeting, against a backdrop of rising expectations for an interest-rate cut in September.

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