Gold Slips as Haven Demand Eases After Trump Delays EU Tariffs

Gold slipped as haven demand was dented by signs that President Donald Trump may be easing his aggressive stance on trade with the European Union.

Bullion traded near $3,335 an ounce, after climbing by almost 5% last week, as Trump on Sunday announced that his plans to hit the EU with 50% tariffs would be delayed until July 9 to allow for time for both sides to negotiate a deal. The US leader on Friday had threatened higher-than-expected levies against the bloc, while also warning Apple Inc. that it would be subject to 25% tariffs if it does not manufacture ...