[XAU/USD] Shift from Dollar to Gold
Last week, gold prices went up at first because Moody’s lowered the credit rating of the United States. This caused people to sell US dollars.However, the shock from the rating …
Last week, gold prices went up at first because Moody’s lowered the credit rating of the United States. This caused people to sell US dollars.However, the shock from the rating …
Gold went up the day before because the U.S. dollar, stocks, and bonds all went down (this is called “triple weakness”). But yesterday, this rise in gold paused. As a …
Gold prices went up during the Tokyo trading session after news that Israel may be planning to attack Iran’s nuclear facilities. This news increased geopolitical risks, which made gold prices …
In the European market, when the euro went up against the dollar (meaning the dollar was being sold), gold prices also went up. Gold broke above the previous day’s high …
Moody’s lowered the credit rating of the United States from AAA to AA1. Because of this, people started selling US dollars at the beginning of the week. Gold prices also …
Last week, progress in trade talks between the U.S. and China gave the market a sense of relief, which led to stronger “risk-on” mood and selling of gold. If trade …
Gold continued to fall during the Tokyo market, following the strong drop from the day before. However, in the European market, the price started to rise again. This happened because …
Gold prices dropped as investors started to feel more confident about taking risks. This was mainly because of progress in the trade talks between the United States and China. At …
Gold prices fell the day before because of progress in trade talks between the U.S. and China, including both sides agreeing to lower tariffs by 11%. However, gold went up …
Gold prices dropped at the beginning of the week because there was big progress in US-China trade talks last weekend. Gold fell quickly from 3330 to around 3270. After the …