Gold price was marginally down in Wednesday’s European trading session, going for $2,934 after losing 0.02% at press time. Markets are still wary of a tariff war, with US President Donald Trump seemingly planning to impose additional tariffs against more nations. Also, January’s FOMC meeting minutes will be out today, and that could inject fresh…
Gold price inched up on Monday, trading at $2,900 at the spot market after gaining 0.5%. The yellow metal’s upside is supported by cross-cutting concerns over unresolved tariff war pitting the United States and some of the world’s largest economies, including China, Canada and Mexico. The tariff sentiment continues to exert downward pressure on the…
Gold price rose to within touching distance of $3,000 per ounce on Monday as investors continued to cushion their portfolios against the shocks created by unfolding global tariff wars. The commodity has been on a strong upward trend since mid-December 2024 and has gained 10.6% year-to-date. XAUUSD traded at $2,905 at the time of writing,…
Gold price (XAU/USD) broke multiple records between March and August 2024, and it is going on to register all-time highs of $2,531 per ounce on August 20 at the spot market. The yellow metal’s propulsion this year has mostly been as a result of the geopolitical risk in the Middle East fand soft US macroeconomic…
Gold Rally Continues Ahead of Key US Jobs Data Gold prices have been on a tear, with XAU/USD soaring to $2,869, approaching the critical $2,900 psychological level. The metal has gained strength amid ongoing market uncertainty, and now all eyes are on today’s US Non-Farm Payrolls (NFP) report, set for release at 4 PM EAT….
Gold price rose to record highs on Wednesday on safe haven demand as trade tariff wars and Middle East geopolitics took center stage. The yellow metal rose to $2,865 per ounce at the spot market in the Asian trading session, recording 0.5% in intraday gains. Furthermore, the metal is on course to register the fifth…
Gold price subsided further from record highs on Monday with the US dollar strengthened by US trade tariffs. Spot market gold traded at $2,794 at the time of writing, down by 0.1%. Also, concerns over US inflation rate have reduced the prospect of the Fed lowering interest rates in the first quarter of the year….
Gold price was up in the European session on Tuesday as stock markets recovered from Monday’s rout. Spot gold traded at $2,747 at the time of writing, up by 0.1% on the daily chart. The precious metal was dragged by the stock market’s FUD sentiment yesterday as China’s DeepSeek sent shockwaves across the tech industry….
Gold price rose to twelve-week highs on Friday as investors remained cautious on the US dollar amid uncertainty over a potential tariff war. The yellow metal has risen by 2% in the last five sessions and is up by 5% year-to-date, underlining a strong demand . For context, gold price rose by 30% in 2024….
Gold price rose to twelve-week highs on Friday as investors remained cautious on the US dollar amid uncertainty over a potential tariff war. The yellow metal has risen by 2% in the last five sessions and is up by 5% year-to-date, underlining a strong demand . For context, gold price rose by 30% in 2024….
