Gold Price rises to around $3,375 in Monday’s early Asian session, up 1.43% on the day. Significant uncertainty over Trump’s tariffs on imports into the US supports the Gold price. The Fed’s hawkish remarks might cap the upside for the XAU/USD. The Gold Price (XAU/USD) drifts higher to a fresh record high near $3,375 during the early
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
The most highly anticipated week of the year and quite possibly the most pivotal moment in economic history is finally here – as President Donald Trump prepares to announce a sweeping round of reciprocal tariffs that threaten to trigger a destructive global trade war. President Trump has dubbed April 2 as “Liberation Day” for America – when
Bond prices spike, US equities plunge and Gold surges to new all-time high ahead of Trump’s tariffs. US President Trump confirmed on Sunday at Airforce One that all countries will be hit. The US Dollar Index trades stable around 104.10, with no safe-haven flows in the Greenback. The US Dollar Index (DXY), which tracks the performance
Gold price climbs to near $3,090 in Monday’s early Asian session. Escalating global trade tensions and economic uncertainties boost the safe-haven flows, supporting Gold price. Traders brace for the US March ISM Manufacturing PMI data, which is due later on Tuesday. The Gold price (XAU/USD) gains momentum to around $3,090 during the early Asian session
With gold up over 15% in the first quarter and the dollar heading for its worst month since 2023, markets are sending a clear signal: safe-haven demand is shifting, and macro portfolios may need to adjust. Gold’s best quarter in over 25 years signals a historic breakout As of late March 2025, Gold is on
Gold price extends its downside to near $3,025 in Monday’s early Asian session. Hope for a Ukraine peace deal undermines the safe haven assets like Gold. The Fed held rates steady but maintained projections for two cuts, which might cap the downside for Gold. The Gold price (XAU/USD) extends the decline to around $3,025 during
XAU/USD Gold eases from new all-time high ($3057) on Thursday, as strongly overbought daily studies prompted partial profit taking, while stronger dollar also pressured metal’s price. Gold price advanced strongly after a recent consolidation and broke the $3000 milestone, lifted by increased safe haven demand. Growing concerns about the magnitude of negative impact from trade
Gold prices soared to a record high of $3,005, fueled by strong safe-haven demand amid escalating geopolitical tensions. Market uncertainty deepened as US reaffirmed its commitment to striking Yemen’s Houthis until they cease attacks on Red Sea shipping. Gold demand remained strong, bolstered by continued purchases from ETFs and central banks, with China leading acquisitions.
A set of Chinese data released earlier today looked better-than-expected; the fixed asset investment unexpectedly accelerated in February, growth in industrial production slowed less than expected – a slowdown due to the Chinese new year break, while growth in retail sales accelerated to 4%, more than expected. The unemployment rate rose, however, and the worries