Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady

Quick Summary:

On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000.

Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S.

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Article Details

Author / Journalist: Terence Zimwara

Category: Crypto

Markets: JapanChina

Topics: Economics Gold Bitcoin (BTC)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 13:30:04 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 28614504

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 21 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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