Friday, 18 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Breaks Daily High! As Dollar Under Pressure
Friday, 18 July 2025 15:50 WIB | MARKET ANALYSIS |GOLDEMAS

Gold prices rose to a new daily high during the European session on Friday (July 18th), continuing their rebound from a low hit more than a week earlier. This increase was driven by a weakening US dollar following dovish remarks from Fed Governor Christopher Waller, as well as growing market concerns about the uncertainty surrounding US President Donald Trump's trade policies, which are considered risky for the global economy.

However, gold's gains are likely limited as the market is increasingly convinced that the Fed will delay interest rate cuts, especially with concerns that new import tariffs from the Trump administration could trigger consumer inflation.

Furthermore, positive sentiment in the stock market is also limiting demand for gold as a safe-haven asset. Amid these conditions, XAU/USD still has the potential to record a moderate weekly decline for the first time in three weeks, with market participants now focused on the release of US macroeconomic data for short-term opportunities in the North American session.

Source: Newsmaker.id

RELATED NEWS
Silver Steady, Markets Wary of US Signals and Trade Tensions...
Friday, 18 July 2025 08:51 WIB

Silver prices stabilized in early Asian trading on Friday (July 18th) as interest in safe-haven assets rebounded amid global uncertainty. Investor interest in the precious metal strengthened after gl...

Gold Falls, Monitor Powell's Position!...
Thursday, 17 July 2025 16:13 WIB

Gold prices fell on Thursday during the European session (July 17). What's the cause? Market participants are weighing the possibility of a leadership change at the US central bank, following rumors t...

Silver Corrects After Sharp Rally, Strong Dollar Undermining ...
Thursday, 17 July 2025 08:13 WIB

Silver prices fell slightly from their highs due to a strengthening dollar. Silver declined after previously touching a 14-year high. Global investors began profit-taking, selling their silver holdin...

Gold Rises as Investors Wary of Tariffs and US PPI Data Ahead ...
Wednesday, 16 July 2025 19:16 WIB

Gold prices strengthened on Wednesday (July 16th), driven by a weakening US dollar and increased demand for safe-haven assets amid global geopolitical concerns. The market is closely monitoring invest...

Silver Rises Slightly, Remains Consistent Despite Dollar's Aggressiveness...
Wednesday, 16 July 2025 07:52 WIB

Silver posted another positive rally on Wednesday, July 16, 2025, with spot prices rising slightly by 0.3% as the dollar weakened and global demand strengthened. This surge follows a year-long upward...

LATEST NEWS
Gold Set For Weekly Decline; Platinum Hits Highest In Over A Decade

Gold prices rose on Friday (July 18th), but were on track for a weekly decline as concerns about the US Federal Reserve's independence eased and strong US data emerged, while platinum rose to a nearly 11-year high. Spot gold rose 0.3% to $3,349.49...

Gold Breaks Daily High! As Dollar Under Pressure

Gold prices rose to a new daily high during the European session on Friday (July 18th), continuing their rebound from a low hit more than a week earlier. This increase was driven by a weakening US dollar following dovish remarks from Fed Governor...

Hang Seng Jumps 2.8% This Week

The Hang Seng Index surged 327 points, or 1.3%, to close at 24,825 on Friday (July 18th), reversing two days of declines as all sectors rallied. The index hit a four-month high and rose 2.8% for the week, marking its second consecutive weekly...

POPULAR NEWS
US consumer prices rise in June as tariff pass-through begins
Wednesday, 16 July 2025 01:35 WIB

U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an...

European stocks erased early gains
Wednesday, 16 July 2025 01:49 WIB

European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...

Fed's Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 07:43 WIB

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of...

Investors seek protection from risk of Fed chief's ouster
Tuesday, 15 July 2025 23:28 WIB

President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against...