[XAU/USD] Consolidation Continues
Last week, the sudden declaration of martial law in South Korea caused market turmoil, leading to increased gold purchases. Geopolitical risks, including the ongoing tensions between Ukraine and Russia, as …
[XAU/USD] Gold Faces Competition from Bitcoin
Gold prices dropped in the New York market even though U.S. long-term interest rates decreased. Gold has been struggling to rise, and its upward momentum remains limited. This decline is …
[XAU/USD] Risk-Off Sentiment Eases and Fed’s Hawkish Stance
Gold prices struggled to rise as tensions in South Korea, which had triggered a state of emergency the previous day, began to settle. However, when the U.S. ISM Non-Manufacturing PMI …
[XAU/USD] Martial Law in South Korea
In the Tokyo market, gold prices were under pressure as risk-on sentiment increased, supported by the rise in the Nikkei stock average. However, when the New York market opened, South …
[XAU/USD] After Filling the Gap
At the start of the Tokyo market this week, the dollar rose, leading to initial selling of gold. Gold dropped to 2,621, which is almost the same level as last …
[XAU/USD] After the Gap Fill
Last week, the dollar fell sharply at the beginning of the week due to reports that Scott Bessent, known for focusing on fiscal discipline, was nominated as the next Treasury …
[XAU/USD] Risk-On Sentiment
Yesterday, a phone call between former President Trump and the President of Mexico was reported as a ‘friendly conversation.’ This led the market to speculate that additional tariffs on Mexico …
[XAU/USD] Amid Thanksgiving in the US
With Israel and Hezbollah reaching a ceasefire agreement, geopolitical risks have temporarily eased. However, the drop in long-term US interest rates has increased demand for gold. Today is Thanksgiving in …
[XAU/USD] Geopolitical Risks and Easing Concerns Over U.S. Fiscal Deficit
Gold selling increased the day before due to reports of Scott Bessent being nominated as the next Treasury Secretary. However, yesterday, news of Trump imposing additional tariffs on China caused …
[XAU/USD] Geopolitical Risks and Reduced Concerns Over U.S. Fiscal Deficit
On Monday, the Tokyo market started with the dollar weakening. Reports suggested that Scott Bessent, a well-known investor who emphasizes fiscal discipline, might be nominated as the next U.S. Treasury …