[XAU/USD] Jackson Hole
On August 1, the U.S. jobs report for July was weaker than expected. This made people think the Federal Reserve may lower interest rates, so gold started rising from around …
[XAU/USD] Buying Back on Hopes of Interest Rate Cut
Yesterday, gold went up for the first time in five trading days. President Trump said that Mr. Cook, a member of the Federal Reserve Board, should resign immediately because of …
[XAU/USD] Risk-On
At the U.S.–Russia leaders meeting, no ceasefire was agreed. However, the chance of a three-party meeting increased, and this made gold prices fall. On the other hand, in the New …
[XAU/USD] U.S.–Russia Leaders Meeting Did Not Reach Ceasefire
Last weekend, the meeting between U.S. and Russian leaders ended without a ceasefire.In the future, a meeting including President Zelensky is expected, but it still seems far away. As geopolitical …
[XAU/USD] U.S.–Russia Summit and Jackson Hole
Last weekend, the U.S. and Russia held a summit, but no peace deal was reached. This means geopolitical risks are still here, and one reason for selling gold has now …
[XAU/USD] U.S. Retail Sales & U.S.–Russia Leaders Meeting
Yesterday, the U.S. July Producer Price Index (PPI) was higher than expected. Because of this, the chance of an early U.S. interest rate cut became lower. When U.S. long-term interest …
[XAU/USD] CPI and Declining U.S. Credibility
Yesterday, Federal Reserve official Bessent said, “At the September meeting, we should make a large 0.5% interest rate cut.”In addition, President Trump said, “U.S. interest rates should be 1%.”These comments …
[XAU/USD] CPI Data and Declining U.S. Credibility
Gold prices had been falling after reports that there would be no tariffs on gold bars. However, prices turned upward. This happened because the U.S. July CPI (Consumer Price Index) …
[USD/JPY] Depends on U.S. Consumer Price Index (CPI)
Yesterday, with the Tokyo market closed, U.S. long-term interest rates fell at the start, and USD/JPY dropped to 147.36. Later, selling of the yen pushed the pair up to 148.24 …
[XAU/USD] No Gold Tariff and U.S.- Russia Talks
On the weekend of the 15th, the U.S. and Russia will hold a leaders’ meeting in Alaska. Hopes for a ceasefire in Ukraine caused gold selling. Also, the U.S. announced …