[XAU/USD] Even During Risk-On Sentiment
Yesterday, stock prices in Japan, the US, and Europe rose, spreading a risk-on sentiment. However, gold buying remains strong, and its price continues to rise. After breaking above the double-top …
[XAU/USD] Gold Rises as U.S. Interest Rates Fall
Yesterday, President Trump mentioned considering a 25% tariff on Canada and Mexico. However, since there was no mention of Europe or other regions, the market felt some relief. U.S. long-term …
[XAU/USD] Market Takes a Wait-and-See Approach with the Start of Trump’s New Administration
Yesterday marked the start of Trump’s new administration. However, since no tariffs on imports were implemented, the U.S. dollar weakened across the board. The day was also Martin Luther King …
[XAU/USD] Risk-On and Triple Top
Last week, gold prices rose as U.S. long-term interest rates fell after the U.S. CPI (Consumer Price Index) was lower than expected. Gold reached $2,724, which is almost the same …
[XAU/USD] Triple Top?
The previous day’s U.S. CPI (Consumer Price Index) came in lower than expected, causing U.S. long-term interest rates to rise. Yesterday, rates climbed even higher because Waller, a member of …
[XAU/USD] Gold Rises as U.S. Consumer Price Index (CPI) Declines
Yesterday, the U.S. December CPI report showed results higher than expected, including the core CPI. This caused long-term U.S. interest rates to drop. As a result, gold, which does not …
[XAU/USD] U.S. Long-term Interest Rates and NY Stock Price
Yesterday’s U.S. Producer Price Index (PPI) report showed lower-than-expected results, including the core index. As a result, U.S. long-term interest rates rose to 4.82%. Although gold faced temporary selling pressure, …
[XAU/USD] Strong Dollar and Risk-On Sentiment
Last weekend, the U.S. employment data showed strong results, which caused U.S. long-term interest rates to rise again yesterday. Additionally, the NY Dow rebounded sharply, increasing risk-on sentiment. As a …
[XAU/USD] U.S. Consumer Price Index (CPI) and the New York Stock Market
Last weekend’s U.S. employment data showed stronger-than-expected results, leading to a rise in long-term U.S. interest rates. As a result, gold prices initially dropped. However, later, the Dow Jones Industrial …
[XAU/USD] Focus on U.S. Employment Data
Yesterday, the NY stock market was closed due to the state funeral of former President Carter. The bond market had shortened trading hours, during which U.S. long-term interest rates fell. …