[XAU/USD] Tariff Deadline Extended Again
Because the tariff deadline on July 9 was extended again to August 1, the market felt safer. This made people take more risk, and some sold gold. Also, talks with …
[XAU/USD] Central Bank Gold Buying and Trump Tariffs
President Trump announced that he will place a 25% tariff on goods from Japan and South Korea starting August 1. Because of this news, market uncertainty increased, U.S. long-term interest …
[XAU/USD] Gold Buying Due to Risk-Off Mood
Last week, gold prices went up because U.S. Treasury Secretary Bessent and President Trump pushed the U.S. central bank to lower interest rates. As a result, interest rates in the …
[XAU/USD] Surprise in U.S. Employment Data
The U.S. jobs report for June, announced yesterday, was stronger than expected. Many people thought the labor market was weak because of earlier data like the ADP jobs numbers, but …
[XAU/USD] Adjustment Before U.S. Jobs Data
Yesterday’s ADP jobs report showed weaker results than expected. Because of this, people think today’s official jobs report will also be weak. The U.S. dollar fell, and gold prices went …
[XAU/USD] Trump Tax Cut Extension and US Interest Rate Decline
On this day, the US Senate passed President Trump’s large tax cut plan. This made people worry about a bigger budget deficit, so many investors bought gold as a safe …
[XAU/USD] Federal Reserve (FRB) Interest Rate Cut Pressure
Gold prices were stuck and didn’t rise much recently, as worries about the Middle East became weaker. But yesterday, gold prices went up again. U.S. Treasury Secretary Bessent said that …
[XAU/USD] U.S. Employment Report and Expectations for Early Interest Rate Cuts by the Fed
Last week, there was concern about risk-off due to a U.S. military attack on Iran. However, because Iran and Israel agreed to a ceasefire, the market quickly shifted to risk-on, …
[XAU/USD] Dollar Weakness and Stock Gains
Yesterday during Tokyo trading hours, President Trump said he would announce the next Federal Reserve chair earlier than expected. This caused the US dollar to fall because people thought there …
[XAU/USD] Buy the Dip
After Israel and Iran agreed to a ceasefire, the market mood changed from risk-off to risk-on. This caused people to sell gold. However, yesterday, Federal Reserve Chair Powell said that …