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Gold (XAU/USD) prices fell below $2,770 at the time of writing on Monday (1/27) after a weekend full of headlines and a busy week of central bank interest rate decisions coming up. Over the weekend, markets understood why US President Donald Trump has been loosening up on the use of tariffs as a...
Gold prices started the week with a decline in Asia and entered Europe. Driven by dovish global central bank policies, geopolitical risks and stubborn inflation, said Alex Chiu, senior strategist at Value Partners.Strong investment flows, resilient Asian consumer demand and continued central bank...
Gold (XAU/USD) recovered most of its intraday losses and traded with a mild negative bias, around the $2,760 area during the first half of the European session on Monday (1/27). US President Donald Trump’s decision to impose tariffs on all imports from Colombia revived trade war fears and...
Gold dipped on Monday pressured by a firmer dollar, while investors focussed on the Federal Reserve's first meeting of 2025 for more guidance on the U.S. interest rate path. Spot gold dropped 0.6% to $2,755.80 per ounce, as of 0509 GMT, after trading just below record-high levels on Friday. U.S....
Gold prices started the week with a decline in the Asian session on Monday and moved away from its highest level since late October, around $2,786 reached on Friday. The US dollar (USD) strengthened again after President Donald Trump refrained from imposing threatened tariffs on Colombia as the...
Gold edges lower in early Asian trade, as investors await the Federal Reserve's rate decision this week, when interest rates are widely expected to be kept on hold. "A change in the tone of the Federal Reserve could affect the direction of the market," says Harbourfront Wealth - Sonora Wealth...
Gold prices held near their highest levels on Friday (1/24) as traders weighed President Donald Trump's latest tariff threats against Europe, along with his pledge to push for more interest rate cuts. Bullion hit an intraday high in Asia at $2,777 an ounce and was on track for a weekly gain of...
Gold rose above $2,770 an ounce on Friday, hitting its highest level since October, just shy of a record high of $2,790, after President Trump called for an immediate interest rate cut. That boosts gold’s appeal as a safe haven, with lower interest rates making the non-yielding precious metal more...
Gold is steady in the early Asian session, underpinned by U.S. President Trump's call for lower interest rates that would bolster the allure of the non-interest-bearing precious metal. Trump said Thursday that he would like to see rates "come down a lot" and implied that steps to keep a lid on...
Gold prices maintained their negative bias through the early European session on Thursday (1/23), although there was no follow-through selling and remained close to the highest level since early November hit the previous day. Uncertainty surrounding US President Donald Trump’s tariff plans, which...
Gold (XAU/USD) prices attracted some sellers during the Asian session on Thursday (23/1) and for now, seems to have snapped three consecutive days of gains to the highest levels since early November, around the $2,763-$2,764 region touched the previous day. The US Dollar (USD) seems to extend its...
Gold prices were stable in early Asian trading on Thursday (23/1), still supported by the prospect of strong demand for the precious metal. A weaker dollar and lower Treasury yields have again attracted investor interest Gold is up about 2% so far this week and is holding near its highest level...
Gold held above $2,750 an ounce on Thursday, extending a three-day rally and near its highest level since early November, relatively close to its record peak of $2,790. The precious metal continued to benefit from its safe-haven appeal amid uncertainty surrounding President Donald Trump’s tariff...
Gold prices edged up to an 11-week high in Asian trading on Wednesday, extending gains for a third straight session as safe-haven demand increased amid concerns about U.S. tariffs under President Donald Trump. Spot gold rose 0.2% to $2,749.29 an ounce, its highest since early November, while...
Gold (XAU/USD) extended its uptrend for the third straight day on Wednesday (22/1) and climbed beyond the $2,750 level, hitting its highest level since early November during the Asian session. US President Donald Trump’s tariff threats turned out to be the key factor driving flows towards the safe...
Gold rose near $2,750 an ounce on Wednesday (22/1), extending gains of more than 1% from the previous session to hit its highest since early November. The precious metal was supported by a relatively weaker U.S. dollar and increased demand for safe-haven assets, as trade war concerns persisted...
Gold prices were steady in early Asian trading on Wednesday, still supported by a weaker dollar, following President Trump's inauguration on Monday. Trump, who plans to issue executive orders to overhaul border and energy policies and end diversity programs across the federal government, but...
Gold (XAU/USD) prices were boosted by safe-haven inflows and surged above key technical resistance after US President Donald Trump confirmed that he intends to impose 25% tariffs on Canada and Mexico as early as February, as well as tariffs on Silver and Gold. China is not included in the direct...
Gold prices rose in early European trading on Tuesday (1/21), following President Donald Trump's inauguration on Monday and his announcement to raise taxes on Mexico and Canada early next month. Although Donald Trump refrained from directly hitting China with import levies. Trump has proposed...
Gold prices rose in Asian trade on Tuesday (1/21) as the dollar weakened sharply overnight, while traders tried to gauge US President Donald Trump's policies after his inauguration. Spot gold prices rose 0.3% to $2,727.39 an ounce, while February gold futures rose 0.4% to $2,743.57 an ounce by...