Gold futures slip 0.2% to $2,612 a troy ounce. U.S. dollar-denominated commodities like gold have been pressured in the wake of Donald Trump's victory in the U.S. election.
Market expectations for fewer interest-rate cuts and a resurgence in inflationary pressures given Trump's planned tax and tariff laws have started to play against the precious metal, says Capital.com's Daniela Sabin Hathorn. In the short term, investor attitude toward gold has turned bearish, but gold isn't a hard sell just because the market expects fewer rate cuts, Hathorn says in a note.
There is still plenty for investors to be concerned about. Political and military conflict, alongside weakening consumer demand in China and Europe will support gold. Trump's tenure could also cause further frictions in international relations, adding to safe-haven demand, she adds.
Source : Dow Jones Newswires
Gold prices rose by around 1.7% to around US$4,134 per troy ounce as market participants became increasingly confident that the Federal Reserve would cut interest rates at its December 9-10 meeting. D...
Gold prices rose near $4,120 per ounce on Monday (October 24th) after a modest weekly decline as investors awaited US retail sales and PPI data due on Tuesday and weekly jobless claims on Wednesday. C...
Gold (XAU/USD) traded slightly higher on Monday (November 24th) as investors considered developments in the Federal Reserve's monetary policy outlook alongside improving sentiment on risk assets. At t...
Gold (XAU/USD) recovers slightly from the daily low touched during the early part of the European session and trades with a mild negative bias, just above the $4,060 level, down less than 0.15% for th...
Gold was steady in Asia as the market weighed the chances of another Federal Reserve rate cut in the coming months. New York Fed President John Williams said he sees room for the US central bank to&n...
Silver (XAG/USD) traded relatively stable today, with a slight increase around US$51 per troy ounce, following a strong rally in recent weeks that saw prices rise nearly 10% in a month and nearly 70% in the past year. The main sentiment remains...
The Hong Kong stock market opened higher on Tuesday morning, November 25, 2025. The Hang Seng Index rose around 0.9%, or 232 points, to 25,948.9 at the open, continuing its rally after previously gaining nearly 2% to 25,717 on Monday. Positive...
The Nikkei index opened up around 0.7% to 48,976.51 in early trading on Tuesday, following the rebound in technology stocks on Wall Street overnight. The index's gains were led by chip stocks, which are sought after by investors. Kioxia Holdings...
Asia-Pacific markets started the week with gains after New York Fed President John Williams signaled that a third interest rate cut is still...
U.S. President Donald Trump said fiscal revenue from his trade tariffs is set to "skyrocket" in the coming months as inventory levels among local...
Chinese President Xi Jinping pressed U.S. President Donald Trump on the status of the self-governing island of Taiwan and urged his counterpart to...
European shares ended higher on Monday, boosted by technology-focused stocks as risk sentiment improved on growing expectations of a U.S. interest...