Gold price pops on Thursday after two days of firm selling pressure. US President Trump pours cold water on earlier de-escalating statements, China may receive a new tariff rate in the next two to three weeks. Markets are back to square one with equities on the back foot and safe-haven Gold being bid. Gold price
Gold price pops on Thursday after two days of firm selling pressure. US President Trump pours cold water on earlier de-escalating statements, China may receive a new tariff rate in the next two to three weeks. Markets are back to square one with equities on the back foot and safe-haven Gold being bid. Gold price
Gold price jumps over 2.5% on Wednesday with US tariffs being switched on. China meanwhile retaliated while secretary Bessent issues a warning for China on devaluing its currency. Gold bounces from the sub-$3,000 region to just below $3,070 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price jumps over 2% on Wednesday with US tariffs being switched on. Risk-off mood and rising bets of Fed rate cuts amid recession fears also benefit Gold. Gold bounces from the sub-$3,000 region to just below $3,050 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price jumps over 2% on Wednesday with US tariffs being switched on. Risk-off mood and rising bets of Fed rate cuts amid recession fears also benefit Gold. Gold bounces from the sub-$3,000 region to just below $3,050 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price unable to break back above $3,100 as market rout continues for a second day. China retaliates and issues 34% tariff on all US goods. Gold pressured by more profit-taking and looking for support to bounce off from. Gold price (XAU/USD) is trying to reclaim $3,100 and is at that level at the time
Gold price hits a curb and drops below $3,100 as selling pressure increases. Markets are taking hits in all corners after US President Trump issued the most harsh tariffs possible. Gold traders are taking the money and are running for the hills. Gold price (XAU/USD) snaps under pressure from the selling orders on Thursday, selling
Gold price is enjoying some support around $3,120 on Wednesday ahead of Trump’s announcement. Markets mull the impact of the official announcement of the implementation of reciprocal tariffs. Gold traders could unwind the Gold rally, should the size of tariffs be far less severe than anticipated. Gold price (XAU/USD) stabilizes above $3,120 at the time of writing
Gold price stabilizes just above $3,120 on Wednesday ahead of Trump’s announcement. Markets are bracing for the official announcement of the implementation of reciprocal tariffs. Gold traders might unwind the Gold rally, should the size of tariffs be far less severe than anticipated. Gold price (XAU/USD) stabilizes just above $3,130 at the time of writing on
Gold price edged up for a second day ahead of Trump’s tariff deadline. Traders mull the impact of “liberation day” where Trump will implement reciprocal tariffs on all countries. Gold traders are looking for upside levels with $3,200 as the next nearby target. Gold price (XAU/USD) sees earlier gains fade and is holding on to a small intraday