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…
United States President Trump states that the US-China trade agreement is a “done deal”, lifting risk sentiment. The US Consumer Price Index data for May misses expectations, with the focus shifting to the US Producer Price Index data on Thursday. Gold prices remain above $3,300, but recent US-China trade progress limits the safe appeal of…
Wall Street stocks gained on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China. As of 12:23 PM Eastern time, the S&P 500 was 0.3% higher, the Dow Jones Industrial Average was up 0.1%, and the Nasdaq Composite was 0.3% higher. At 10:03 AM ET, the Dow Jones…
Gold price attracts some dip-buyers on Tuesday, though the uptick lacks bullish conviction. The USD sticks to modest intraday gains and caps the XAU/USD pair amid trade optimism. Fed rate cut bets, US fiscal concerns, and geopolitical risks lend support to the commodity. Gold price (XAU/USD) struggles to capitalize on its modest intraday bounce from…
RBI’s new rules for gold loans allow people to avail loan on up to 85% of gold value | Lenders to give certificate for collateral | Inshorts Inshorts Muthoot Finance, Manappuram shares jump up to 8% on RBI Governor remarks on Gold loans CNBC TV18 RBI eases gold loan ‘value’ norms for small borrowers Times of India RBI…
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 slumps to near $3,280 despite trade tensions between the US and China have renewed. US Appeals court lifts the ban on Trump’s tariffs temporarily. The US core PCE inflation grew moderately by 2.5%, as expected, on year in April. Gold price (XAU/USD) slides to near $3,280 during North American trading hours on Friday,…
Share Market Highlights 29 May 2025: Markets rebound as US court blocks Trump’s reciprocal tariffs; Sensex ends at 81,633, Nifty above 24,800 BusinessLine Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 29 after Trump’s tariffs blocked Mint Stock markets rebound after 2-day fall as U.S. court blocks reciprocal tariffs; Sensex…
Gold price firmly dips below $3,300 on Tuesday, unable to find quick support. Improving market sentiment due to US-EU trade talk efforts sees safe-haven demand fade. The Greenback meanwhile is rolling through markets and is acting as headwind after Japan considers reducing its debt issuances. Gold (XAU/USD) price is trading near $3,290 at the time…
