Gold trades around $2,900 on Thursday as tariff tensions start to ease a bit. The delay for automaker US tariffs on Mexico and Canada has led to a shift in Treasury yields. Traders are betting on multiple Fed rate cuts while US economic data is deteriorating. Gold’s price (XAU/USD) is softening a touch to around
Gold set for a near 1% on Tuesday after US President Trump presses tariff button. Canada set to impose 25% retaliatory tariffs from Tuesday, China is set to slap 15% levies on US agricultural goods from March 10. US yields tanked again on Tuesday, hitting a near 5-month low at 4.11%. Gold’s price (XAU/USD) stretches
Gold props up over 0.50% at the start of the week despite tariffs being set to hit on Tuesday. Federal Reserve rate cut bets are still on the table for June. Gold price is slowely but surely making its way higher this Monday as President Trump remains silent on tariffs. Gold’s price (XAU/USD) is set
Gold sees a small recovery at the start of the week despite tariffs being set to hit on Tuesday. Federal Reserve rate cut bets remain the second biggest driver for higher Gold prices. The precious metal holds near the daily Pivot Point for now. Gold’s price (XAU/USD) is seeing some marginal gains on Monday after
Gold does not see a material recovery at the start of the week despite tariffs being set to hit on Tuesday. Federal Reserve rate cut bets remain the second biggest driver for higher Gold prices. The precious metal holds near the daily Pivot Point and could recover further. Gold’s price (XAU/USD) holds steady and looks
The price of gold has been a source of prosperity for the patient bulls, but the gravy train has probably left the station. Of course, we could be wrong about this, but history is on our side. Gold appears overvalued compared to most other assets, particularly silver and Treasuries. Further, speculators are already long, and
The price of gold has been a source of prosperity for the patient bulls, but the gravy train has probably left the station. Of course, we could be wrong about this, but history is on our side. Gold appears overvalued compared to most other assets, particularly silver and Treasuries. Further, speculators are already long, and
US President Trump reiterated overnight Mexico and Canada tariffs will go into effect on March 4. US PCE data for January was no surprise for markets. Bullion is not considered a safe haven should a tit-for-tat war take place, although US yields are dropping off further. Gold’s price (XAU/USD) is getting knocked out and is
US President Trump made contradictive tariff comments during his first cabinet meeting. Bullion faces pressure from firm selling, profit-taking, squeezing out recent buyers in Gold. Although US yields drop off further, the precious metal has lost support for now. Gold’s price (XAU/USD) ekes out more losses and faces already more than 1% loss ahead of the American trading session on Thursday.
Gold price pops near 0.50% in the early European session on Monday. Although the Far-Right AfD has gained 20% of votes, the CDU has booked a comfortable lead. US Dollar Index drops, opening room for Gold to tick higher. Gold’s price (XAU/USD) edges higher and trades near $2,945 at the time of writing on Monday