Gold experiences a decline amid optimism surrounding US-China trade discussions; market participants are closely monitoring Federal Reserve policy. U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer are set to engage with China’s leading economic official in Switzerland this week, according to U.S. officials, marking a potential initial move towards addressing a trade war Read More
Palladium
Gold prices have seen a modest decline attributed to a strengthening dollar, as market participants closely monitor forthcoming updates on U.S. trade policies and the impending U.S. non-farm payrolls report. The market is poised for the jobs report, seeking clarity on the Federal Reserve’s monetary policy trajectory, in the context of persistent trade negotiations and Read More
Gold declines as the dollar strengthens and US-China trade tensions ease. On Monday, gold prices experienced a decline. This development occurred as trade tensions between the United States and China exhibited indications of alleviation. A more robust dollar also played a role in the decline in prices. Spot gold has encountered a decline. Other metals such Read More
Gold is poised for its third consecutive weekly gain, with attention directed towards the US-China trade discussions. Gold prices experienced an increase on Friday, positioning themselves for a third consecutive week of gains, as investors remained vigilant regarding ongoing developments in the trade negotiations between the U.S. and China. Spot gold increased by 0.2% to $3,354.29 Read More
The price of gold has reached an all-time high, driven by heightened demand for safe-haven assets amid concerns over an economic slowdown. Gold prices maintained their unprecedented surge on Tuesday, supported by apprehensions regarding U.S. President Donald Trump’s remarks about the Federal Reserve chair and worries that escalating trade tensions may hinder economic growth, thereby increasing Read More
Gold reaches unprecedented levels amid rising concerns over economic growth. On Wednesday, gold prices surged to an unprecedented peak, fueled by a declining dollar, escalating trade war tensions, and apprehensions regarding global economic growth stemming from U.S. President Donald Trump’s tariff initiatives, which prompted a significant influx into safe-haven assets. Gold, often regarded as a secure Read More
As the trade battle develops and the dollar continues to decline, gold crosses $3,200. Gold broke the $3,200 mark on Friday as investors fled fears of a recession, a sinking dollar, and a trade war between the United States and China. At 2:30 p.m. Eastern Time, spot gold was trading at $3,235.89 per ounce, representing Read More
Gold experiences a decline during the early Asian trading hours, likely due to market participants unwinding their long positions in order to liquidate assets for cash. China’s imposition of 34% tariffs on all U.S. imports, coupled with the introduction of restrictions on the export of specific rare-earth minerals, has heightened apprehensions regarding the potential escalation Read More