During yesterday’s European trading session, reports stated that Russia approved changes to its nuclear doctrine, relaxing the conditions for using nuclear weapons. This caused a sharp increase in geopolitical risks, …
Since November 6, the “Trump trade” has strengthened the U.S. dollar, which pushed gold prices lower. However, this trend started to reverse in the Tokyo market at the beginning of …
Last week, the strong dollar, fueled by the ‘Trump Rally,’ pushed gold prices lower. Additionally, Federal Reserve Chairman Powell’s hawkish comments—stating that the economy does not currently require urgent rate …
Yesterday, as dollar buying continued, gold remained heavy and struggled to rise. When the European market opened and dollar buying intensified, gold dropped to around 2536. However, in the New …
Ahead of the U.S. CPI announcement, gold prices rose to around 2620 as buyers adjusted positions. The U.S. October CPI rose as expected, from 2.4% to 2.6% compared to the …
In the European market yesterday, when U.S. long-term interest rates fell, the dollar weakened across the board, which led to increased gold selling. As the price dropped below the previous …
Gold selling continued early this week, starting with Monday’s Tokyo market. Prices found brief support around 2670, but later in the day, gold continued to fall sharply due to light …
Last week, gold prices dropped from around 2750 to 2640 as the U.S. dollar strengthened after Donald Trump was elected president. Later, there was some buying in anticipation of the …
Gold, which had dropped significantly the previous day, rebounded yesterday. The dollar initially strengthened due to the “Trump rally,” but as the FOMC meeting approached, the dollar saw increased selling, …
Due to the certainty of Trump’s re-election, the dollar has strengthened across the board, which has accelerated the drop in gold prices. Gold has fallen below the middle line of …
