11:37 - 2.07.2025

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July 2, Fineko/abc.az. Gold prices stabilized on Wednesday in Asia after two days of gains triggered by concerns about the U.S. budget deficit amid the passage of the fiscal bill.

ABC.AZ informs that the uncertainty surrounding trade tariffs provided additional support. Spot gold remained at $3,337.25 per ounce, while August futures declined 0.1%. Since the beginning of the week, gold has grown more than by 2%, recovering from the decline caused by the truce between Israel and Iran.