Gold experiences an uptick as the dollar declines, while Trump’s tariff threats bolster demand for safe-haven assets. Gold prices experienced an increase of more than 1% on Monday, driven by a decline in the dollar and a resurgence of trade tensions, following U.S. Treasury Secretary Scott Bessent’s restatement of President Trump’s tariff threats. Spot gold attained Read More
Gold edges upward as investors seize the opportunity to buy the dip in anticipation of US data. Gold prices experienced a modest uptick, taking advantage of recent declines following a one-month low. Investors are closely monitoring the U.S. Producer Price Index data for economic insights. The prior session witnessed a decrease in gold prices, subsequent to Read More
Gold declines as easing occurs The trade issues between China and the United States diminish the attractiveness of safe-haven assets. On Wednesday, gold prices experienced a decline. This occurred as a result of the alleviation of trade tensions between the United States and China. The demand for gold as a safe investment has diminished. Market participants Read More
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
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 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
Gold is poised for its third consecutive weekly gain, with attention directed towards the US-China trade discussions. Gold prices experienced a slight increase on Friday, setting the stage for a third consecutive week of gains, as investors closely monitored the unfolding developments in U.S.-China trade negotiations. Spot gold experienced an increase of 0.2%, reaching $3,354.29 per 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
On Monday, gold reached an unprecedented peak as the dollar plummeted to its lowest level in three years. Concurrently, escalating trade tensions between the United States and significant trading partners heightened recession anxieties, prompting investors to gravitate towards this safe-haven asset. Gold prices have reached unprecedented levels, driven by a depreciation of the dollar and 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
