[XAU/USD] Tariffs and FOMC
Last week, the U.S. and Japan reached an agreement on tariffs. This made investors feel safe, so they sold gold, which is usually bought when people feel uncertain. As a …
[XAU/USD] Japan–U.S. Agreement Reached
On the previous day, Japan and the U.S. reached a trade agreement on tariffs. Because of this, worries about trade talks with other countries became smaller, and stock markets around …
[XAU/USD] Agreement Between Japan and USA
Yesterday, early in the Tokyo session, President Trump announced that the United States and Japan agreed on tariffs of 15%. This news reduced market worries. The Nikkei stock index went …
[XAU/USD] Gold Rises for Three Days in a Row
Secretary Bessent said yesterday that it will be hard for many countries to reach an agreement by the August 1 deadline. However, he also said that talks can continue even …
[XAU/USD] Breaks Up from Sideways Movement
At the beginning of the week, in the European market, U.S. long-term interest rates started to go down. Because gold does not give interest, it often goes up when interest …
[XAU/USD] Ascending Triangle Formation
Last week, there were many ups and downs in the gold market.At first, the U.S. dollar got stronger because of news that President Trump might put a 30% tax on …
[XAU/USD] Strong U.S. Economic Data
Yesterday in New York, the U.S. June retail sales and new jobless claims were stronger than expected. Because of this, the U.S. dollar went up. People now think the Federal …
[XAU/USD] Powell May Be Removed from His Position
Yesterday in New York time, the U.S. June Producer Price Index (PPI) was announced. The results were a little lower than expected. Because of this, people thought the Federal Reserve …
[XAU/USD] CPI Higher Than Expected
Yesterday, the U.S. Consumer Price Index (CPI) for June was announced. It was 2.7%, higher than the expected 2.6%. Because of this, people now think the U.S. central bank (Federal …
[XAU/USD] US CPI (Consumer Price Index) and TACO
Gold prices went up at the beginning of the week in the Tokyo market after it was announced that a 30% tariff would be added to goods from Mexico and …