Gold gains despite risk-on mood as yields retreat and US Dollar weakens. Trump grants Bessent flexibility on export controls, aiding US-China talks. Russia-Ukraine tensions persist, keeping safe haven demand for Gold alive. Gold prices posted solid gains on Monday as the US Dollar weakened during the North American session despite positive news regarding US-China trade
XAU/USD drops as strong US Dollar pressures Bullion; tariff uncertainty rattles markets. US core PCE dips in April, but strong data lifts yields, dampening Gold’s appeal. Trump accuses China of violating trade deal, reviving geopolitical and tariff concerns. Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in
Gold drops 0.27% after Fed cites tariff-driven inflation concerns; yields rebound, stalling bullion’s rally. Fed minutes highlight risks of persistent inflation and weakening job growth, prompting cautious rate stance. US bond yields rebound, lifting the Dollar and pressuring Gold below $3,300. Goldman Sachs urges increased Gold exposure amid rising geopolitical risks and central bank demand.
Gold retreats after earlier bounce to $3,325; sellers return as yields and US Dollar regain footing. Fed Minutes eyed for clarity; dovish surprise could reignite Bullion’s stalled rally. Goldman Sachs urges higher Gold allocation amid geopolitical risks and central bank demand. Gold price extended its losses during the North American session on Wednesday after hitting
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 rises as traders brace for vote on Trump’s debt-heavy tax bill. Moody’s downgrade and falling US Dollar fuel safe-haven demand for Gold. Middle East unrest offsets easing US-China trade tensions, keeping risk appetite muted. Gold prices advance by over 0.50% and remain above the $3,300 mark as traders grow increasingly nervous about the United
Gold price tumbles over 1.50% on the US-China tariff truce and related capital shift toward risk assets. US data shows slowing Retail Sales and mixed housing prints; inflation expectations remain elevated. Fed officials remain cautious on cuts despite disinflation progress; Treasury yields rebound, supporting stronger US Dollar. Gold prices fell by more than 1.50% on
Gold rebounds from $3,120 weekly low as US yields fall and DXY weakens, boosting safe-haven appeal. April US PPI and Retail Sales miss expectations, prompting markets to fully price in two Fed cuts for 2025. Ukraine-Russia tensions resurface as Putin refuses peace talks, adding geopolitical premium to Bullion. Gold price rallied sharply on Thursday after
Gold boosted by April’s unexpected PPI drop fuels Fed rate cut speculation. Retail Sales slow sharply to 0.1% as tariffs weigh on consumer spending, hinting at broader economic softness. Fed rate cut expectations rise to 53 bps for 2025; DXY dips 0.15% to 100.88, supporting Gold recovery. Gold prices recovered some ground earlier on Thursday