Gold climbs to near record high amid USD weakness and trade fears US Dollar Index drops 0.61%, fueling bullion’s rally. Central banks’ Gold purchases surge 54% YoY, adding upside pressure. Gold climbed during the North American session on Thursday following the release of the Producer Price Index (PPI), which was mildly higher than expected. United
Silver price grips gains near $32.30 amid weakness in the US Dollar and uncertainty over Trump’s reciprocal tariffs. The US Dollar declines as optimism over Russia-Ukraine peace talks has improved market sentiment. Hot US CPI data for January has boosted expectations for the Fed’s “higher for longer” interest rates. Silver price (XAG/USD) holds onto gains
Gold price regains $2,900 as looming Trump’s reciprocal tariffs risk a trade war. The US Dollar stays subdued despite hot US CPI inflation data and hawkish Fed Chair Powell. Gold price sees dip-buying amid a 4H bullish technical setup ahead of US PPI data. Gold price is trying to hold above the $2,900-mark early Thursday,
Gold has performed a fresh all-time high at $2,942 and for now has surged over 11% for 2025. Traders are bracing for comments from Fed Chairman Powell in his upcoming testimony before Congress. The $3,000 is gaining quickly while tail risks are emerging quickly. Gold’s price (XAU/USD) has set a new record high at $2,942 in early Tuesday
Gold price continues to attract safe-haven flows amid persistent worries about Trump’s trade tariffs. Mostly upbeat US jobs data and inflationary concerns could allow the Fed to hold interest rates steady. A modest US Dollar strength might cap gains for the XAU/USD pair amid overbought conditions. Gold price (XAU/USD) retains its bullish bias through the
Gold price sits at highest level on record above $2,850 early Wednesday. Uncertainty over US President Trump’s tariffs, impending US-Sino trade war underpin Gold price. Deteriorating risk sentiment on China return could revive the haven demand for the US Dollar. Overbought conditions on the daily chart continue to caution Gold buyers ahead of
The Chinese markets opened for the first time after a long Lunar New Year holiday, and they opened down on a set of weaker-than-expected PMI figures, on the news of 10% tariff on its exports toward Trump’s USA, and a further escalation of the trade war with the tit-for-tat measures announced yesterday from Beijing, including
The US stock market has taken a few knocks so far in 2025. After riding high in 2024, US blue chip stock indices underperformed European indices in January, DeepSeek weighed heavily on US chip stocks last week, and now President Trump’s trade wars are also weighing on market sentiment. The great tech rotation of 2025
Gold price off record highs, consolidates recent gains above $2,800 early Tuesday. The US Dollar demand attempts a rebound in sync with US Treasury bond yields. US President Trump delays tariffs on Mexico and Canada, not on China. Overbought conditions on the daily chart caution Gold buyers ahead of US jobs data. Gold price
Gold price consolidates its recent strong gains to a record high touched on Monday. Rebounding US bond yields and a modest USD uptick cap gains for the commodity. Worries about Trump’s tariffs and inflation concerns lend support to the XAU/USD. Gold price (XAU/USD) price seesaws between tepid gains/minor losses through the first half of the