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…
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…
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,…
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,…
Gold fluctuates around $3,035–$3,050, gaining after Fed holds rates and slows balance sheet reduction. Powell cites rising economic uncertainty and tariff-driven inflation; Fed anticipates two rate cuts in 2024. Geopolitical tensions mount as Russia-Ukraine ceasefire talks stall and Israel intensifies airstrikes, boosting safe-haven demand. Gold prices rallied sharply and hit a new all-time high of…
