Gold rises over 1% as the US Dollar Index drops below the 98.00 mark. Risk appetite lifts Gold as US Dollar and Treasury yields tumble on trade uncertainty. EU prepares retaliation plan as August 1 tariff deadline approaches. WSJ reports Trump advised not to fire Powell, adding pressure on Fed credibility. Gold price rallied over…
Gold prices trade flat as markets balance the Fed’s data-dependent stance with rising geopolitical risks. The US Dollar temporarily stalls as US President Trump meets with his national security team to discuss the next steps in addressing the Israel-Iran conflict. XAU/USD trades in a narrow range as markets await developments on Middle East tensions Gold…
XAU/USD regained $3,360 after paring gains earlier, that push Gold towards $3,320. US May CPI undershoots forecasts, lifting hopes for Fed easing in September. US-China trade talks show progress, but approval is still pending from top leaders. Gold prices posted modest gained over 0.97% on Wednesday as the latest inflation report in the United States…
US NFP labour report eases expectations of a Fed rate cut, pushing Gold prices lower. US Nonfarm Payrolls (NFP) weighs on Gold prices with a better-than-expected report supporting the US Dollar. Gold prices fall below psychological support, which has turned into resistance at $3,350, as the USD strengthens. Gold prices are extending losses against the…
Gold rallies from $3,343 low after ISM and ADP reports confirm US economic slowdown. Trump signs executive order raising metal tariffs to 50%, escalating US-China trade tensions. Fed officials remain cautious on easing; markets await Jobless Claims and NFP for further policy cues. Gold price rallied over 0.80% on Wednesday during the North American session….
Gold price dips over 0.50% as improved sentiment trims haven flows after last week’s 4.86% surge. Trump postpones 50% EU tariffs to July 9, easing short-term trade war fears. Strong Chinese Gold imports and Russia-Ukraine tensions keep the bullish outlook intact. Gold price drops more than 0.50% on Monday amid the lack of demand for…
Bullion retreats from two-week high as US House passes debt-heavy budget. A strong US Dollar and firmer US S&P PMIs dent safe-haven appeal. Geopolitical risks with Iran still support longer-term bullish bias for Gold. Gold price dropped some 0.48% on Thursday and failed to hold onto the $3,300 figure after reaching a two-week high of…
Gold buyers regain control as risk-off sentiment spreads across financial markets. US Dollar and Treasury yields slide as traders bet on deeper Fed rate cuts. Traders brace for a crucial US data week with GDP, Core PCE and NFP in focus. Gold price resumes its uptrend on Monday after erasing some of its earlier losses,…
