Risk appetite suppresses safe-haven assets, gold prices fall.

Jin10 data reported on May 14, gold fell as investors' risk appetite increased, despite the lingering uncertainty surrounding tariff negotiation paths and the enhanced optimism regarding interest rate cuts this year. Forex.com market analyst Fawad Razaqzada stated: "As tariffs drop and negotiations show real progress, investors are becoming increasingly reassured. More importantly, Tuesday's lower-than-expected inflation data from the U.S. has added fuel to the fire, easing concerns that Trump's trade tariffs would trigger a new wave of inflation. Bearish momentum may persist for a few days, but the long-term bullish outlook remains intact."