[XAU/USD] U.S. Consumer Price Index (CPI) and Tariff Talks
Last week, gold prices went down first because President Trump said he would delay the tariff deadline to August 1. This news made people buy the U.S. dollar and sell …
[XAU/USD] Copper Price Increase Leads to Gold Rise
President Trump said he will put a 50% tax (tariff) on copper. Because of this news, the price of copper went up quickly. Gold prices also went up for the …
[XAU/USD] Gold Rises as U.S. Long-Term Interest Rates Fall
Gold prices went up for the first time in four trading days because U.S. long-term interest rates went down.Before the FOMC meeting minutes are shared, interest rates in the U.S. …
[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 …