[XAU/USD] U.S. Interest Rates Fall and European Political Worries
After last week’s U.S. jobs report, U.S. long-term interest rates kept falling at the start of this week. Some people now think the Federal Reserve may cut rates by 0.5% …
[XAU/USD] Drop After U.S. Consumer Price Index (CPI)
Last week, after gold hit a record high, some selling happened before the U.S. jobs report. But even after the report, gold stayed strong and went above its record.The August …
[XAU/USD] Focus on U.S. Jobs Report
Before today’s August U.S. jobs report, gold faced selling pressure in the Tokyo market yesterday. But later, the August private jobs report and new jobless claims showed weaker results than …
[XAU/USD] Job Weakness Pushes Interest Rates Lower
After reaching a new record high, gold stayed strong.Yesterday, the U.S. job openings report for August was weaker than expected. Because of this, people think the Federal Reserve may cut …
[XAU/USD] Trump Tariff Illegal
Gold reached a new high yesterday. The price stayed strong and even went above the previous high. The federal appeals court said Trump’s tariff is illegal. President Trump will appeal …
[XAU/USD] Gold keeps rising while New York market closed
Yesterday, even though the New York market was closed for Labor Day, gold prices kept rising and reached 3489. This is very close to the all-time high of 3500. Because …
[XAU/USD] Heading Toward a New High
Last week, U.S. long-term interest rates went down after news about Federal Reserve Board (FRB) Governor Cook possibly being removed. Worries about political pressure on the FRB also made people …
[XAU/USD] Weekend Selling Adjustment
Yesterday, the US dollar continued to fall because of news about Director Cook possibly resigning, which lowered trust in the Federal Reserve.Gold went above the August 8 high of 3,409 …
[XAU/USD] Decline in Trust for Federal Reserve Board (FRB)
After the news about Governor Cook’s resignation, people continued selling the U.S. dollar and buying gold. This made gold prices stay strong. Yesterday, Treasury Secretary Bessent also criticized the Federal …
[XAU/USD] Decline in Trust for the U.S. Federal Reserve
This week, gold was expected to fall after rising from Chairman Powell’s comments at the Jackson Hole meeting last week, but the drop was short. Yesterday, buying became stronger. Early …