Wednesday, 12 November 2025
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Gold Under Pressure After Fed Statement
Thursday, 8 May 2025 17:04 WIB | MARKET ANALYSIS |GOLDEMAS

Gold moved in the area of ​​$3339 during the European session on Thursday (08/05) amid news that United States (US) President Donald Trump is expected to announce a trade agreement with the United Kingdom (UK).

Another factor is that the Federal Reserve maintained interest rates, and Chairman Jerome Powell said the central bank was in no rush to cut despite the uncertainty of the trade war.

Until this news was released, the price of Gold was at the level of $3,339

Source: Newsmaker.id

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