[XAU/USD] Gold Tariff News
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 …
[XAU/USD] U.S.–Russia Talks Show Signs of Progress
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 …
[XAU/USD] USA and Russia Getting Closer
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 …
[XAU/USD] Gold’s Rise is Slowing Down
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 …
[XAU/USD] Expectations for an early interest rate cut by the Federal Reserve (FRB)
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 …
[XAU/USD] Job Weakness and Geopolitical Risk
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 …
[XAU/USD] U.S. Employment Report
Yesterday during New York trading hours, the U.S. PCE Deflator (a price index showing inflation) came out stronger than expected. This made the U.S. dollar go up even more. Gold …
[XAU/USD] Federal Open Market Committee (FOMC) and GDP
Gold dropped in price after the U.S. GDP (economic growth data) for April to June was announced during New York trading hours yesterday. The GDP grew by 3.0%, which was …
[XAU/USD] Federal Open Market Committee (FOMC) and US–China Talks
U.S. Treasury Secretary Besent said yesterday’s trade talks with China were productive and satisfactory. However, he also said that extending the deadline would be up to President Trump. Although the …
[XAU/USD] After the Trade War Was Avoided, Attention Turns to FOMC
Gold prices went up at first because the U.S. and Europe reached an agreement about tariffs, just like the U.S. and Japan had done earlier. This made people sell the …