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Commodity Roundup: Gold, oil prices extend losses, focus remains on trade talks

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May 01, 2025 6:09 AM ETSPDR® Gold Shares ETF (GLD), USO, XAUUSD:CURUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, CL1:COMBy: Arundhati Sarkar, SA News Editor
Oil barrels and gold bars on black background 3D render

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Gold prices extended their losses to a third consecutive session on Wednesday, as investor demand for the safe-haven asset weakened amid signs of renewed trade talks between the United States and major global partners.

Spot gold (XAUUSD:CUR) was down

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