Gold prices have paused after a strong rally as investors take time to digest the latest global trade news. This comes as traders absorb new tariff developments announced by US President Donald Trump. The recent surge in prices has been driven by growing fears over a recession and rising geopolitical tensions, especially between the US
WASHINGTON: US leveraged-loan funds had their biggest-ever weekly outflow as investors dumped corporate debt across the board on concern that the tariff-spurred market turmoil will hit the economy. An estimated US$6.5bil was pulled from the funds in the week ended last Wednesday, according to data from LSEG Lipper, as prices on the risky debt hit
Gold drops for the second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks. Powell states the Fed can delay action for clarity, noting tariffs may prolong inflation and unnerving Gold bulls. Hawkish Fed tone boosts DXY by 0.47% to 102.56; deepening yield curve inversion stokes recession concerns. Gold (XAU) prices are extending on Friday
Gold price attracts some dip-buyers on Wednesday and stalled the overnight pullback from the all-time high. Fed rate cut bets, subdued USD demand and rising trade tensions lend support to the safe-haven XAU/USD. The uptick lacks bullish conviction as traders now await Trump’s impending reciprocal tariffs announcement. Gold price (XAU/USD) trades with a positive bias
Gold price attracts some intraday sellers, though any meaningful corrective downfall remains elusive. A broadly stable risk sentiment holds bulls from placing fresh bets around the safe-haven XAU/USD pair. Fed rate cut bets, subdued USD demand and rising trade tensions lend some support to the yellow metal. Gold price (XAU/USD) hangs near the lower end
Trump’s trade war isn’t the only thing that’s derailed the stock market in 2025. While anticipated tariffs have exerted the most pressure in recent weeks, the sell-off has been accelerated by a slew of data points that suggest that the economy is on shaky footing. Here are four factors that are souring the mood among
Gold price retreats after touching a fresh all-time peak earlier this Tuesday. A positive risk tone and a modest USD uptick prompt some profit-taking. Global trade war fears and geopolitical risks should support the commodity. Gold price (XAU/USD) surrenders a major part of its early gains to a fresh record high as traders opt to
Gold price continues to scale new record highs for the fourth straight day on Tuesday. Worries about the widening global trade war and geopolitical risks boost the commodity. Fed rate cut bets weigh on the USD and further benefit the non-yielding yellow metal. Gold price (XAU/USD) retreats slightly after touching a fresh all-time high on
Gold price continues to scale new record highs for the fourth straight day on Tuesday. Worries about the widening global trade war and geopolitical risks boost the commodity. Fed rate cut bets weigh on the USD and further benefit the non-yielding yellow metal. Gold price (XAU/USD) builds on the previous day’s breakout momentum beyond the
Silver price trades sideways around $34.00 as investors await the release of a detailed reciprocal tariff plan by US President Trump on Wednesday. Trump tariffs will result in a downgrade of global economic growth, including the US. Fed Daly’s confidence has declined in her expectations of two interest rate cuts this year. Silver price (XAG/USD)