Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs 'not sustainable'; Silver also retreats

Oct 17, 2025 - 23:00
Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs 'not sustainable'; Silver also retreats

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Gold prices retreated from record highs above $4,300 an ounce on Friday, influenced by a stronger dollar and President Trump's comments on tariff sustainability. Spot gold dropped 2.2% to $4,228.89, though it remains poised for a significant weekly gain. Silver also saw a decline, tracking gold's movements.

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