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 …
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) …
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 …
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 …
Last weekend, there were some news reports saying that tariffs would also be added to gold bullion. This caused panic buying in the gold market. People were surprised because many …
Gold prices had been rising, but yesterday selling started first as traders took profits.After that, the U.S. dollar became weaker, and gold prices went up again.On the same day, President …
Gold prices had been going up, but yesterday, many people sold to take profits, so the price went down at first.Later, the US dollar got weaker, so gold prices went …
Gold prices had been going up because many people expected the U.S. central bank to cut interest rates soon. However, at the start of this week, selling came first, and …
After last week’s U.S. jobs report, more people think the Federal Reserve might lower interest rates soon. Because gold does not earn interest, lower interest rates make it more attractive …
Last Friday, the U.S. jobs report for July was worse than expected. This surprise made the U.S. dollar weaker and caused gold prices to go up. Gold even went above …
