Gold prices (XAU/USD) remain stable as investors navigate economic and geopolitical concerns. Market participants are closely monitoring developments that could drive further price appreciation. A global shift toward safe-haven assets supports the yellow metal’s bullish tone. Impact of trade war and Fed policies The recent announcement by the US government of a 25% tariff on
XAU/USD Current price: $3,049.60 US President Trump’s threat of more tariffs takes its toll on the US Dollar. The United States will release PCE Price Index data on Friday. XAU/USD maintains its positive momentum near fresh record highs. The broad US Dollar (USD) weakness helped XAU/USD resumed its advance, with the bright metal reaching a
XAU/USD Current price: $3,010.80 Markets kick-started the week with optimism about upcoming Trump’s tariffs. Major economies will post inflation updates in the upcoming days. XAU/USD nears the $3,000 threshold and may pierce it in the upcoming sessions. The US Dollar (USD) surged after Wall Street’s opening, resulting in XAU/USD sliding to $3,005.87. As the American
The gold price was corrected from the record level of $3,058 last week. Market sentiment has shifted toward riskier assets, reducing the safe-haven appeal of gold. Several global economic factors contribute to this price action. These include hopes for Chinese economic stimulus, potential tariff adjustments by the US government, and ongoing diplomatic efforts regarding the
APRIL will see some major money changes including increases to the National Living Wage and a benefit overhaul. There are also several price increases coming into force in April, which will impact bills including Council Tax, energy and water. 1 If you’re watching your cash closely this is what you need to be aware of
THE Bank of England has decided to keep interest rates unchanged, delivering a blow to homeowners hoping for help with mortgage bills. At today’s meeting of the Monetary Policy Committee (MPC), the Bank of England‘s rate-setters voted to maintain the base rate at 4.5%. Lenders use the base rate to determine the interest rates offered to customers
Gold price is experiencing a brief pause after a remarkable rally that pushed it above the $3,050 mark. Despite the slight pullback, the precious metal remains strong, driven by fundamental and technical factors. Traders are closely monitoring economic data and geopolitical developments that could influence the next move in gold prices. Economic uncertainty and geopolitical
Gold’s rise to new all-time highs has been a long time coming. Over the past few years, we’ve examined gold’s role as both a strategic asset and a hedge against economic instability. In pieces like Gold Can’t Be Downgraded and It’s No One’s Liability and The Gold Investing Madness is just Getting Started, we’ve highlighted
(Bloomberg) — Gold rose to a new all-time high as policymakers projected slower growth and higher inflation after holding interest rates steady for a second-straight meeting on Wednesday. Most Read from Bloomberg Chair Jerome Powell acknowledged Wednesday during a press conference that the high degree of uncertainty from President Donald Trump’s significant policy changes, though
Gold has been on a relentless upward trajectory, and it is believed the highly anticipated Rs 1 lakh per 10 grams mark may not be too far off. With central banks continuing to accumulate gold, geopolitical risks persisting, and inflation concerns lingering, the gold rally shows no signs of stopping. Anuj Gupta, Head of Commodities